GCMAsia - USDCAD

USDCAD
2017-07-14
| Resistance and Support | Level | Explanation |
| Resistance | 1.2760 | H1 |
| Support | 1.2720 | H1 |

USDCAD, H1: USDCAD were traded lower following prior retracement from the 20-MA line (red). Both lines which continues to expand downwards suggests USDCAD to extend its downward momentum after closing below the level of 1.2720.
Resistance level: 1.2760, 1.2815
Support level: 1.2720, 1.2675