GCMAsia - USDCAD

USDCAD
2018-11-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.3110 | H4 |
| Support | 1.3080 | H4 |

USDCAD, H4: USDCAD was traded higher while currently testing near the resistance level at 1.3110. MACD which illustrate diminishing bearish momentum and the formation of golden cross suggest the pair to extend its gains after successfully breakout the resistance level at 1.3110.
Resistance level: 1.3110, 1.3130
Support level: 1.3080, 1.3050