83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - USDCAD
USDCAD
USDCAD
2017-07-26
Resistance and Support Level Explanation
Resistance 1.2580 H4
Support 1.2500 H4

USDCAD, H4: USDCAD remains thinly traded following prior downtrend after the formation of death cross by both MA lines. A close below the psychological level of 1.2500 would suggest USDCAD to extend its downtrend towards the next target at 1.2410.

 

Resistance level: 1.2580, 1.2675

Support level: 1.2500, 1.2410