GCMAsia - USDCAD

USDCAD
2017-09-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.2420 | H4 |
| Support | 1.2335 | H4 |

USDCAD, H4: USDCAD remains traded within an upward channel while currently testing near the lower level. Stochastic Oscillator which illustrate retracement signal from the oversold region suggests the pair to extend its short-term downward momentum, towards the target of support level at 1.2335.
Resistance level: 1.2420, 1.2500
Support level: 1.2335, 1.2230