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GCMAsia - USDCAD
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