83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - USDCAD
USDCAD
USDCAD
2018-08-08
Resistance and Support Level Explanation
Resistance 1.3075 H1
Support 1.3035 H1

USDCAD, H1: USDCAD was traded higher while currently retest near the resistance level 1.3075. Price action and MACD which display bearish signal suggest the pair may be traded lower towards the support level 1.3035

 

Resistance level: 1.3075, 1.3115

Support level: 1.3035, 1.2970