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
2017-06-09
Resistance and Support Level Explanation
Resistance 1.3530 H4
Support 1.3475 H4

USDCAD, H4: USDCAD was traded higher following prior rebound while currently hovering near the strong resistance level of 1.3530. Referring to MACD histogram which illustrates a significant upward signal suggests USDCAD to extend its gains after closing above the level of 1.3530.

 

Resistance level: 1.3530, 1.3570

Support level: 1.3475, 1.3430