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GCMAsia - USDCAD
USDCAD
USDCAD
2017-10-24
Resistance and Support Level Explanation
Resistance 1.2665 H4
Support 1.2600 H4

USDCAD, H4: USDCAD extended its back leg following a pullback before the resistance level of 1.2665. MACD histogram signal line which continues to narrow downwards suggests the pair to experience technical correction in short-term and shed its gains towards the support level of 1.2600.

 

Resistance level: 1.2665, 1.2760

Support level: 1.2600, 1.2520