GCMAsia - USDCAD
USDCAD
2018-03-14
| Resistance and Support | Level | Explanation |
| Resistance | 1.2990 | H1 |
| Support | 1.2950 | H1 |
USDCAD, H1: USDCAD remains under pressure following a retracement prior to the strong resistance level at 1.2990. MACD histogram which illustrate diminishing upward momentum may suggests the pair to extend its losses in short-term as technical correction before continuing its bullish bias thereafter.
Resistance level: 1.2990, 1.3110
Support level: 1.2950, 1.2925