83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - USDCAD
USDCAD
USDCAD
2018-07-12
Resistance and Support Level Explanation
Resistance 1.3210 H4
Support 1.3130 H4

USDCAD, H4:  NZDUSD was traded higher while retest the resistance level of 1.3210.  Both MA lines and MACD which illustrate an ongoing bullish bias with golden cross formation suggest the pair could continue its gains after it breaks above the resistance level 1.3210.

 

Resistance level: 1.3210, 1.3270

Support level: 1.3130, 1.3070