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GCMAsia - USDCAD
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