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GCMAsia - USDCAD
USDCAD
USDCAD
2018-06-26
Resistance and Support Level Explanation
Resistance 1.3420 H4
Support 1.3130 H4

USDCAD, H4: USDCAD traded in a consolidation phase while currently testing at the strong support of 1.3290. Although MACD histogram illustrate persistent downward signal, a closure below the target of 1.3290 is required to validate the bearish bias.

 

Resistance level: 1.3420, 1.3535

Support level: 1.3130, 1.3030