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GCMAsia - USDCAD
USDCAD
USDCAD
2017-08-03
Resistance and Support Level Explanation
Resistance 1.2700 Daily
Support 1.2530 Daily

USDCAD, Daily: USDCAD recovered its losses sharply after rebounding from the psychological level of 1.2400. A closure above the 20-MA line (red) may extend its retracement and move towards the next target at 1.2700.

 

Resistance level: 1.2700, 1.2900

Support level: 1.2530, 1.2400