GCMAsia - USDCAD

USDCAD
2018-03-22
| Resistance and Support | Level | Explanation |
| Resistance | 1.2930 | H4 |
| Support | 1.2805 | H4 |

USDCAD, H4: USDCAD extended its losses following prior breakout from the upward trendline. MACD histogram which continues to illustrate downward signal and momentum suggests the extension of bearish bias towards the direction of minor support near 1.2805.
Resistance level: 1.2930, 1.2990
Support level: 1.2805, 1.2735