GCMAsia - USDCAD

USDCAD
2019-01-11
| Resistance and Support | Level | Explanation |
| Resistance | 1.3220 | H4 |
| Support | 1.3170 | H4 |

USDCAD, H4: USDCAD was traded lower following prior retracement from the 20-MA line (red). MACD which illustrate diminished upward momentum suggests the pair to advance further downwards, towards the direction of 1.3170.
Resistance level: 1.3220, 1.3270
Support level: 1.3170, 1.3120