GCMAsia - USDCAD
USDCAD
2018-05-21
| Resistance and Support | Level | Explanation |
| Resistance | 1.2890 | H1 |
| Support | 1.2850 | H1 |
USDCAD, H1: USDCAD was traded lower prior its failure to break resistance level at 1.2890. Death-cross as shown by MACD signal line would suggest the pair to undergo short-term technical correction to trade lower before continuing its bullish bias.
Resistance level: 1.2890, 1.2920
Support level: 1.2850, 1.2820