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
2018-09-26
Resistance and Support Level Explanation
Resistance 1.2955 H4
Support 1.2900 H4

USDCAD, H4: USDCAD was traded higher following prior breakout from the downward trendline. Although MACD illustrate bullish bias, a close above 1.2955 is required to further validate its bullish signal.

 

Resistance level: 1.2955, 1.3010

Support level: 1.2900, 1.2860