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GCMAsia - USDCAD
USDCAD
USDCAD
2018-03-13
Resistance and Support Level Explanation
Resistance 1.2875 H1
Support 1.2820 H1

USDCAD, H1: USDCAD remains under bearish pressure while recently retraced prior to the 60-MA line (green). MACD histogram which illustrate diminishing upward momentum suggests the pair to extend its downward momentum towards the 20-MA line and 1.2820.

 

Resistance level: 1.2875, 1.2925

Support level: 1.2820, 1.2780