GCMAsia - USDCAD
USDCAD
2017-10-12
| Resistance and Support | Level | Explanation |
| Resistance | 1.2470 | H4 |
| Support | 1.2415 | H4 |
USDCAD, H4: USDCAD extended its losses following prior retracement and closure below the key support level of 1.2470. Both MA line which continues to narrow downwards suggest the pair to extend its bearish momentum towards the next target at 1.2415.
Resistance level: 1.2470, 1.2525
Support level: 1.2415, 1.2350