GCMAsia - USDCAD
USDCAD
2017-07-21
| Resistance and Support | Level | Explanation |
| Resistance | 1.2645 | H4 |
| Support | 1.2540 | H4 |
USDCAD, H4: USDCAD was traded higher following prior rebound from the support level of 1.2540. Such price action suggests USDCAD to be traded higher in short-term as technical correction. Otherwise, long-term trend direction still suggests USDCAD to extend its losses.
Resistance level: 1.2645, 1.2770
Support level: 1.2540, 1.2390