GCMAsia - USDCAD
USDCAD
2017-10-04
| Resistance and Support | Level | Explanation |
| Resistance | 1.2600 | H4 |
| Support | 1.2470 | H4 |
USDCAD, H4: USDCAD remains traded within an upward channel while currently testing at the bottom level. MACD histogram which has formed a downward signal suggests possibility to occur a breakout from the bottom and signal a change in trend direction to move further downwards thereafter.
Resistance level: 1.2600, 1.2720
Support level: 1.2470, 1.2350