GCMAsia - USDCAD
USDCAD
2017-09-15
| Resistance and Support | Level | Explanation |
| Resistance | 1.2230 | H4 |
| Support | 1.2160 | H4 |
USDCAD, H4: USDCAD was traded lower following prior retrace from the resistance level of 1.2230. MACD histogram which continues to illustrate diminishing upward momentum suggest the pair to extend its losses after closing below the support level of 1.2160.
Resistance level: 1.2230, 1.2335
Support level: 1.2160, 1.2060