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GCMAsia - USDCAD
USDCAD
USDCAD
2017-09-19
Resistance and Support Level Explanation
Resistance 1.2335 H4
Support 1.2230 H4

USDCAD, H4: USDCAD pared some gains following prior retracement from the resistance level of 1.2335. However, both MA lines which forms a golden cross formation suggests further upside bias for the pair to retest at the resistance level of 1.2335.

 

Resistance level: 1.2335, 1.2420

Support level: 1.2230, 1.2160