GCMAsia - USDCAD
USDCAD
2018-08-13
| Resistance and Support | Level | Explanation |
| Resistance | 1.3160 | H1 |
| Support | 1.3115 | H1 |
USDCAD, H1: USDCAD was traded lower following prior retracement from resistance level 1.3160. Recent price action and MACD which illustrate ongoing bearish momentum with the formation of death cross suggest the pair to be traded lower as a short term technical correction towards support level 1.3115.
Resistance level: 1.3160, 1.3215
Support level: 1.3115, 1.3035