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GCMAsia - USDCAD
USDCAD
USDCAD
2018-05-23
Resistance and Support Level Explanation
Resistance 1.2815 H4
Support 1.2755 H4

USDCAD, H4: USDCAD remains traded within a sideways channel following prior rebound from the bottom level. MACD histogram which illustrate diminishing downward momentum may suggest the pair to extend its gains after breaking the resistance level at 1.2815.

 

Resistance level: 1.2815, 1.2880

Support level: 1.2755, 1.2735