GCMAsia - USDCAD

USDCAD
2018-03-16
| Resistance and Support | Level | Explanation |
| Resistance | 1.3120 | H1 |
| Support | 1.2990 | H1 |

USDCAD, H1: USDCAD was traded higher prior breaking resistance level at 1.2990. However, MACD signal line that portrays a death-cross would suggest the pair to undergo short-term technical correction to trade lower before continuing its bullish bias.
Resistance level: 1.3120, 1.3420
Support level: 1.2990, 1.2920