GCMAsia - USDCAD
USDCAD
2017-10-26
| Resistance and Support | Level | Explanation |
| Resistance | 1.2950 | Daily |
| Support | 1.2750 | Daily |
USDCAD, Daily: USDCAD extended its bullish momentum following prior breakout from the 38.2 Fibonacci level at 1.2750. Both MA lines which continues to expand upwards while coupled with recent price action suggest the pair to advance towards the next target at 1.2950.
Resistance level: 1.2950, 1.3150
Support level: 1.2750, 1.2505