GCMAsia - 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