GCMAsia - USDCAD
USDCAD
2018-04-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.2800 | H1 |
| Support | 1.2745 | H1 |
USDCAD, H1: USDCAD extended its losses following prior retracement from the 60-MA line (green). However, recent rebound and diminishing downward momentum from MACD histogram may suggest the pair to be traded higher in short-term as technical correction before extending its bearish bias thereafter.
Resistance level: 1.2800, 1.2860
Support level: 1.2745, 1.2705