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GCMAsia - USDCAD
USDCAD
USDCAD
2017-08-09
Resistance and Support Level Explanation
Resistance 1.2700 H4
Support 1.2620 H4

USDCAD, H4: USDCAD was traded higher following prior rebound from the support level of 1.2620. Both MA lines which continues to expand upwards suggests USDCAD to advance further upwards after closing above the strong resistance level of 1.2700.

 

Resistance level: 1.2700, 1.2770

Support level: 1.2620, 1.2535