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GCMAsia - USDCAD
USDCAD
USDCAD
2018-05-16
Resistance and Support Level Explanation
Resistance 1.2930 H4
Support 1.2815 H4

USDCAD, H4: USDCAD remains traded within a narrowing triangle while currently testing at the upper level. MACD histogram which illustrate diminished upward momentum may suggests the pair to be traded lower in short-term in the event of a closure below the 60-MA line (green).

 

Resistance level: 1.2930, 1.2995

Support level: 1.2815, 1.2735