GCMAsia - USDCAD

USDCAD
2018-07-13
| Resistance and Support | Level | Explanation |
| Resistance | 1.3210 | H4 |
| Support | 1.3130 | H4 |

USDCAD, H4: USDCAD remain traded in an ascending triangle while currently retesting the bottom level of the triangle. MACD which display persistent bullish momentum and starting formation of golden cross suggest the pair could extend its gains towards resistance level 1.3210.
Resistance level: 1.3210, 1.3270
Support level: 1.3130, 1.3070