GCMAsia - USDCAD
USDCAD
2018-07-17
| Resistance and Support | Level | Explanation |
| Resistance | 1.3160 | H4 |
| Support | 1.3110 | H4 |
USDCAD, H4: USDCAD remain traded in a descending channel following recent breakout from the resistance level 1.3160. MACD which illustrate formation of death cross which signals bearish momentum suggest the pair may extend its losses towards the support level 1.3110.
Resistance level: 1.3160, 1.3200
Support level: 1.3110, 1.3070