GCMAsia - USDCAD

USDCAD
2017-08-10
| Resistance and Support | Level | Explanation |
| Resistance | 1.2770 | H4 |
| Support | 1.2700 | H4 |

USDCAD, H4: USDCAD extended its uptrend following prior rebound from the 20-MA line (red). Recent closure above the threshold of 1.2700 suggest further upside bias towards the target of resistance level at 1.2770.
Resistance level: 1.2770, 1.2860
Support level: 1.2700, 1.2620, 1.2535