GCMAsia - USDCAD
USDCAD
2018-07-20
| Resistance and Support | Level | Explanation |
| Resistance | 1.3280 | H1 |
| Support | 1.3250 | H1 |
USDCAD, H1: USDCAD was traded higher while currently testing the top level of the ascending channel. Price action and MACD which illustrate diminished bearish momentum with negative divergence pattern suggest the pair may experience a short term technical correction towards the support level 1.3260.
Resistance level: 1.3280, 1.3330
Support level: 1.3250, 1.3210