GCMAsia - USDCAD

USDCAD
2017-08-04
| Resistance and Support | Level | Explanation |
| Resistance | 1.2620 | H4 |
| Support | 1.2530 | H4 |

USDCAD, H4: USDCAD was traded lower following prior retracement from the resistance level of 1.2620. MACD histogram begins to form a negative divergence suggests USDCAD to extend its losses towards the direction of support level at 1.2530.
Resistance level: 1.2620, 1.2700
Support level: 1.2530, 1.2480, 1.2420