83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - USDCAD
USDCAD
USDCAD
2017-06-23
Resistance and Support Level Explanation
Resistance 1.3250 H4
Support 1.3200 H4

USDCAD, H4: USDCAD remained traded within an upward channel while currently testing at the bottom level. MACD histogram illustrates substantial downward signal which suggests higher probability for a breakout to occur at this level and signal a change in trend direction to move further downwards thereafter.

 

Resistance level: 1.3250, 1.3300

Support level: 1.3200, 1.3160