GCMAsia - USDCAD
USDCAD
2017-08-23
| Resistance and Support | Level | Explanation |
| Resistance | 1.2595 | H4 |
| Support | 1.2555 | H4 |
USDCAD, H4: USDCAD was traded higher prior its rebound from support level at 1.2555. Upward sloping of MACD histogram and formation of hammer candlestick gives an indication to USDCAD to extend its gains toward the resistance level at 1.2595.
Resistance level: 1.2595, 1.2640
Support level: 1.2555, 1.2495