GCMAsia - USDCAD

USDCAD
2017-07-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.2500 | H4 |
| Support | 1.2410 | H4 |

USDCAD, H4: USDCAD extended its downtrend following prior closure below the strong support level of 1.2500. Both MA lines which continues to expand downwards suggests USDCAD to move further down after breaking the support level of 1.2410.
Resistance level: 1.2500, 1.2580
Support level: 1.2410, 1.2350