GCMAsia - USDCAD

USDCAD
2017-10-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.2555 | H1 |
| Support | 1.2500 | H1 |

USDCAD, H1: USDCAD was traded higher following prior rebound from the upward trend line. However, MACD indicator which illustrate diminished upward momentum suggests the pair to be traded lower in short-term as technical correction towards the target at 1.2500.
Resistance level: 1.2555, 1.2625
Support level: 1.2500, 1.2420