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
2018-10-08
Resistance and Support Level Explanation
Resistance 1.3045 H4
Support 1.2955 H4

USDCAD, H4: USDCAD was traded higher following prior breakout above the previous resistance level 1.2955. Recent price movement and MACD which illustrate persistent bullish momentum suggest the pair to extend its gains towards the resistance level 1.3045.

 

Resistance level: 1.3045, 1.3120

Support level: 1.2955, 1.2905