GCMAsia - USDCAD

USDCAD
2017-11-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.2900 | H4 |
| Support | 1.2805 | H4 |

USDCAD, H4: USDCAD was traded lower following prior retrace from the resistance level of 1.2900 while forming a double top. MACD histogram which illustrate substantial downward signal suggests USDCAD to extend its losses after closing below the neckline of 1.2805.
Resistance level: 1.2900, 1.2950
Support level: 1.2805, 1.2750