GCMAsia - USDCAD
USDCAD
2019-01-11
| Resistance and Support | Level | Explanation |
| Resistance | 1.3260 | H1 |
| Support | 1.3210 | H1 |
USDCAD, H1 USDCAD remained traded in a sideway channel while currently testing the bottom level of the channel and the support level 1.3210. MACD which display bearish momentum and the formation of death cross suggest the pair to extend its losses after a breakout below the support level.
Resistance level: 1.3260, 1.3315
Support level: 1.3210, 1.3160