GCMAsia - USDCAD

USDCAD
2017-07-19
| Resistance and Support | Level | Explanation |
| Resistance | 1.2665 | H1 |
| Support | 1.2625 | H1 |

USDCAD, H1: USDCAD was traded higher following prior closure above the 20-MA line (red). The MACD indicator which illustrates divergence signal suggests USDCAD to be traded higher, towards the target of resistance level at 1.2665.
Resistance level: 1.2665, 1.2700
Support level: 1.2625, 1.2580