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GCMAsia - USDCAD
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