GCMAsia - USDCAD
USDCAD
2017-09-26
| Resistance and Support | Level | Explanation |
| Resistance | 1.2420 | H4 |
| Support | 1.2335 | H4 |
USDCAD, H4: USDCAD remains traded within an upward channel while recently rebounded from the support level of 1.2335. Recent price action suggests short-term upside bias for the pair to extend its advance towards the next target at the resistance level of 1.2420.
Resistance level: 1.2420, 1.2505
Support level: 1.2335, 1.2230