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GCMAsia - USDCAD
USDCAD
USDCAD
2017-07-13
Resistance and Support Level Explanation
Resistance 1.2800 H4
Support 1.2735 H4

USDCAD, H4: USDCAD plunged sharply following prior failure to extend its prices beyond the 60-MA line (green). Both MA lines which begins to expand further down suggests USDCAD to extend its losses after closing below the support level of 1.2735.

 

Resistance level: 1.2800, 1.2850

Support level: 1.2735, 1.2680