GCMAsia - 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