GCMAsia - USDCAD
USDCAD
2017-10-13
| Resistance and Support | Level | Explanation |
| Resistance | 1.2470 | H1 |
| Support | 1.2450 | H1 |
USDCAD, H1: USDCAD remains traded within a downward channel while recently retraced from the top level. A successful closure below the 20-MA line (red) would suggest the pair to experience short-term bearish bias towards the target of support level at 1.2450.
Resistance level: 1.2470, 1.2525
Support level: 1.2450, 1.2415