GCMAsia - USDCAD
USDCAD
2018-03-07
| Resistance and Support | Level | Explanation |
| Resistance | 1.2990 | H4 |
| Support | 1.2925 | H4 |
USDCAD, H4: USDCAD remains traded in an uptrend following prior rebound near the region of 20-MA line (red). MACD histogram which illustrate diminished downward momentum may suggests further upside bias. Thus, a rebound from the support level of 1.2925 would suggest the pair to advance further up and retest at the resistance level of 1.2990.
Resistance level: 1.2990, 1.3060
Support level: 1.2925, 1.2820