GCMAsia - USDCAD

USDCAD
2018-07-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.3075 | H1 |
| Support | 1.3030 | H1 |

USDCAD, H1: USDCAD was traded higher while currently testing the resistance level 1.3075. MACD which illustrate diminishing bullish momentum suggest the pair may extend its loss towards the support level 1.3030. However, a bearish candle or an engulfing candle is required for further confirmation.
Resistance level: 1.3075, 1.3115
Support level: 1.3030, 1.2955