GCMAsia - USDCAD
USDCAD
2018-07-24
| Resistance and Support | Level | Explanation |
| Resistance | 1.3215 | H4 |
| Support | 1.3160 | H4 |
USDCAD, H4: USDCAD remain traded in an ascending channel following prior rebound from the support level 1.3110 and back inside the channel. Recent price action and MACD which display bullish signs and starting formation of golden cross suggest the pair may extend its gains in accordance with the channel direction towards the resistance level 1.3215.
Resistance level: 1.3215, 1.3255
Support level: 1.3160, 1.3110