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GCMAsia - USDCAD
USDCAD
USDCAD
2018-03-15
Resistance and Support Level Explanation
Resistance 1.2990 H1
Support 1.2950 H1

USDCAD, H1: USDCAD remains traded within a narrowing triangle while currently testing at the top level. MACD histogram which illustrate diminishing downward momentum may suggests further bullish bias. However, a close above the upside of the triangle is required to attain further clarification.

 

Resistance level: 1.2990, 1.3060

Support level: 1.2950, 1.2925