GCMAsia - USDCAD

USDCAD
2018-09-26
| Resistance and Support | Level | Explanation |
| Resistance | 1.2975 | H4 |
| Support | 1.2900 | H4 |

USDCAD, H4: USDCAD was traded higher following prior rebound from the support level 1.2900. Recent price movement and MACD which illustrate persistent bullish momentum suggest the pair to extend its gains after a breakout above the resistance level 1.2975.
Resistance level: 1.2975, 1.3045
Support level: 1.2900, 1.2840