GCMAsia - USDCAD
USDCAD
2017-07-04
| Resistance and Support | Level | Explanation |
| Resistance | 1.3040 | H4 |
| Support | 1.2950 | H4 |
USDCAD, H4: USDCAD was traded higher following prior rebound from the support level of 1.2950. MACD indicator which continues to hover outside of downward momentum suggests USDCAD to be traded higher in short-term as technical correction. Long-term trend directions still suggest USDCAD to extend its downtrend.
Resistance level: 1.3040, 1.3130
Support level: 1.2950, 1.2860