GCMAsia - USDCAD
USDCAD
2017-09-20
| Resistance and Support | Level | Explanation |
| Resistance | 1.2335 | H4 |
| Support | 1.2230 | H4 |
USDCAD, H4: USDCAD was traded higher following prior closure above the resistance level of 1.2230. Both MA lines which has formed a golden cross formation suggests upside bias for the pair to extend its upward momentum after closing above the target of 1.2335.
Resistance level: 1.2335, 1.2420
Support level: 1.2230, 1.2160