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GCMAsia - USDCAD
USDCAD
USDCAD
2017-07-18
Resistance and Support Level Explanation
Resistance 1.2665 H1
Support 1.2625 H1

USDCAD, H1: USDCAD extended its losses following prior retracement from the resistance level of 1.2700. Recent closure below the 20-MA line (red) suggests USDCAD to extend its losses towards the support level of 1.2625.

 

Resistance level: 1.2665, 1.2700

Support level: 1.2625, 1.2580