GCMAsia - USDCAD

USDCAD
2018-03-19
| Resistance and Support | Level | Explanation |
| Resistance | 1.3130 | H4 |
| Support | 1.2990 | H4 |

USDCAD, H4: USDCAD was traded higher after breaking resistance level at 1.2990. However, MACD histogram that portrays diminishing bullish momentum would suggest the pair to undergo short-term technical correction to trade lower before continuing its bullish bias.
Resistance level: 1.3130, 1.3220
Support level: 1.2990, 1.2920