GCMAsia - USDCAD
USDCAD
2018-06-11
| Resistance and Support | Level | Explanation |
| Resistance | 1.2990 | H4 |
| Support | 1.2940 | H4 |
USDCAD, H4: USDCAD remains traded within a narrowing triangle following prior retracement from the top level. Recent price action suggests further bearish bias for short-term and the pair is expected to extend its losses after closing below the 20-MA line (red).
Resistance level: 1.2990, 1.3055
Support level: 1.2940, 1.2895