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GCMAsia - USDCAD
USDCAD
USDCAD
2018-04-25
Resistance and Support Level Explanation
Resistance 1.2860 H4
Support 1.2795 H4

USDCAD, H4: USDCAD was traded lower following prior retracement from the resistance level near 1.2860. MACD histogram which has formed a death cross signal may suggest the pair to extend lower as technical correction in short-term before continuing its bullish bias thereafter.

 

Resistance level: 1.2860, 1.2920

Support level: 1.2795, 1.2750