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GCMAsia - USDCAD
USDCAD
USDCAD
2018-08-20
Resistance and Support Level Explanation
Resistance 1.3085 H1
Support 1.3050 H1

USDCAD was traded higher following recent rebound from the support level 1.3050. Price action and MACD which display golden cross formation suggest the pair to extend its technical correction towards the resistance level 1.3085.

 

Resistance level: 1.3085, 1.3115

Support level: 1.3050, 1.3005