GCMAsia - USDCAD
USDCAD
2017-11-09
| Resistance and Support | Level | Explanation |
| Resistance | 1.2750 | H4 |
| Support | 1.2700 | H4 |
USDCAD, H4: USDCAD was traded lower following prior retrace while currently testing near the upward trendline. A successful rebound from the trendline would suggest further upside bias and the pair is expected to advance towards the 20-MA line (red) near 1.2750.
Resistance level: 1.2750, 1.2805
Support level: 1.2700, 1.2620