GCMAsia - USDCAD
USDCAD
2017-10-18
| Resistance and Support | Level | Explanation |
| Resistance | 1.2520 | H1 |
| Support | 1.2490 | H1 |
USDCAD, H1: USDCAD was traded lower prior its breaking below support level at 1.2520 and support by 200-MA line. Closure of candlestick below the 200-MA line and MACD signal line that shows significant widening suggest the pair to undergo bearish momentum toward the next support level at 1.2490.
Resistance level: 1.2520, 1.2550
Support level: 1.2490, 1.2470