GCMAsia - USDCAD
USDCAD
2017-08-25
| Resistance and Support | Level | Explanation |
| Resistance | 1.2555 | H4 |
| Support | 1.2495 | H4 |
USDCAD, H4: USDCAD was traded lower after breaking support level at 1.2555. Formation of bearish engulfing candle and cross-over of MACD signal line gives an indication to USDCAD to further its losses toward the next support level at 1.2495.
Resistance level: 1.2555, 1.2595
Support level: 1.2495, 1.2420