GCMAsia - USDCAD
USDCAD
2018-04-17
| Resistance and Support | Level | Explanation |
| Resistance | 1.2590 | H1 |
| Support | 1.2560 | H1 |
USDCAD, H1: USDCAD remains traded within a sideways channel while currently testing at the bottom level. Both MA line which continues to expand downwards following the formation of death cross suggests further bearish bias. However, a successful breakout from the bottom level is required to attain confirmation.
Resistance level: 1.2590, 1.2620
Support level: 1.2560, 1.2525