GCMAsia - USDCAD

USDCAD
2017-09-21
| Resistance and Support | Level | Explanation |
| Resistance | 1.2420 | H4 |
| Support | 1.2335 | H4 |

USDCAD, H4: USDCAD extended its gains following prior successful closure above the resistance level of 1.2335. Both MA lines which continues to expand upwards suggest the pair to move further up, towards the next target at 1.2420.
Resistance level: 1.2420, 1.2500
Support level: 1.2335, 1.2230