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GCMAsia - USDCAD
USDCAD
USDCAD
2017-08-17
Resistance and Support Level Explanation
Resistance 1.2740 Daily
Support 1.2420 Daily

USDCAD, Daily: USDCAD was traded lower after retraced from resistance level at 1.2740. Downward slope of MACD histogram and engulfing candle formation suggests USDCAD to continue its downward momentum, testing support level at 1.2420.

Resistance level: 1.2740, 1.2935

Support level: 1.2420, 1.2190