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GCMAsia - USDCAD
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