GCMAsia - USDCAD
USDCAD
2017-11-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.2775 | H1 |
| Support | 1.2750 | H1 |
USDCAD, H1: USDCAD was traded lower following prior retracement from the resistance level of 1.2805 while currently testing at the 20-MA line (red). Both MA lines which has formed a golden cross provides some bullish support and a rebound from the 20-MA line would suggest the pair to retest at the resistance level of 1.2775.
Resistance level: 1.2775, 1.2805
Support level: 1.2750, 1.2700