GCMAsia - USDCAD

USDCAD
2017-11-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.2770 | H4 |
| Support | 1.2720 | H4 |

USDCAD, H4: USDCAD was traded higher prior rebound from support level at 1.2720. Formation of pin bar candlestick and upward slope of MACD histogram suggest the pair to extend higher if breakout above resistance level at 1.2770 is successful.
Resistance level: 1.2770, 1.2825
Support level: 1.2720, 1.2645