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GCMAsia - USDCAD
USDCAD
USDCAD
2017-10-17
Resistance and Support Level Explanation
Resistance 1.2600 H4
Support 1.2520 H4

USDCAD, H4: USDCAD remains traded within a descending triangle while currently testing at the top level. Both MA lines which begins to narrow upwards suggest possibility to occur a breakout from top level and signal a change in trend direction to move further up thereafter.

 

Resistance level: 1.2600, 1.2665

Support level: 1.2520, 1.2450