GCMAsia - USDCAD

USDCAD
2018-10-15
| Resistance and Support | Level | Explanation |
| Resistance | 1.3065 | H4 |
| Support | 1.2990 | H4 |

USDCAD, H4: USDCAD was traded lower following prior retracement from the resistance level at 1.3065. MACD which illustrate bearish momentum and formation of death cross suggest the pair to be traded lower in short term toward its support level at 1.2990.
Resistance level: 1.3065, 1.3120
Support level: 1.2990, 1.2940