GCMAsia - USDCAD

USDCAD
2018-06-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.2940 | H1 |
| Support | 1.2895 | H1 |

USDCAD, H1: USDCAD remains traded within an ascending channel while currently testing at the bottom level. MACD histogram which illustrate substantial bearish bias suggests the pair to extend its losses after breaking the bottom level the channel.
Resistance level: 1.2940, 1.2990
Support level: 1.2895, 1.2830