GCMAsia - 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