GCMAsia - USDCAD
USDCAD
2017-10-23
| Resistance and Support | Level | Explanation |
| Resistance | 1.2655 | H1 |
| Support | 1.2620 | H1 |
USDCAD, H1: USDCAD was traded higher prior breaking resistance level at 1.2620. However, downward slope of MACD histogram reflects diminishing bullish momentum, thereby suggesting the pair to undergo short-term technical correction to trade lower toward the current support level at 1.2620.
Resistance level: 1.2655, 1.2735
Support level: 1.2620, 1.2590