GCMAsia - USDCAD
USDCAD
2018-03-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.2930 | H1 |
| Support | 1.2835 | H1 |
USDCAD, H1: USDCAD remains traded within a descending triangle while recently rebounded from the bottom level. MACD histogram which portrays the lack of downward momentum may suggests the pair to be traded higher in short-term, after closing above the 20-MA line (red).
Resistance level: 1.2930, 1.2990
Support level: 1.2835, 1.2805