GCMAsia - USDCAD

USDCAD
2018-07-23
| Resistance and Support | Level | Explanation |
| Resistance | 1.3160 | H4 |
| Support | 1.3110 | H4 |

USDCAD, H4: USDCAD was traded following prior breakout below the bottom level of the channel and support level 1.3160. Recent price action and MACD which illustrate further bearish momentum suggest the pair could extend its losses after break below the support level 1.3110
Resistance level: 1.3160, 1.3215
Support level: 1.3110, 1.3075