GCMAsia - USDCAD

USDCAD
2017-08-18
| Resistance and Support | Level | Explanation |
| Resistance | 1.2690 | H4 |
| Support | 1.2640 | H4 |

USDCAD, H4: USDCAD was traded lower after retraced from resistance level at 1.2690 and 200-MA line. The pair is currently testing support level at 1.2640. If the said support level was successfully broken, it indicates USDCAD to continue its downward momentum to test the next the support level at 1.2595.
Resistance level: 1.2690, 1.2775
Support level: 1.2640, 1.2595