GCMAsia - USDCAD

USDCAD
2017-10-20
| Resistance and Support | Level | Explanation |
| Resistance | 1.2520 | H4 |
| Support | 1.2450 | H4 |

USDCAD, H4: USDCAD was traded higher following a rebound from the strong support level of 1.2450. MACD histogram which illustrate diminishing downward momentum suggests USDCAD to extend its gains towards the first target of 1.2520.
Resistance level: 1.2520, 1.2600
Support level: 1.2450, 1.2350