GCMAsia - USDCAD
USDCAD
2018-04-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.2920 | H1 |
| Support | 1.2860 | H1 |
USDCAD, H1: USDCAD remains traded within a narrowing triangle while recently rebounded from the mid-level. Stochastic Oscillator which illustrate a rebound signal prior to oversold region suggests the pair to extend its gains towards the top level in short-term. Otherwise, long-term trend direction can only be determined following a successful breakout from either side.
Resistance level: 1.2920, 1.3000
Support level: 1.2860, 1.2795