GCMAsia - USDCAD

USDCAD
2018-08-09
| Resistance and Support | Level | Explanation |
| Resistance | 1.3035 | H1 |
| Support | 1.2970 | H1 |

USDCAD, H1: USD was traded lower while currently retest the upper level of descending channel. MACD which illustrate a diminishing bearish momentum suggest the pair may be traded higher towards the resistance level 1.3035.
Resistance level: 1.3035, 1.3075
Support level: 1.2970, 1.2935