GCMAsia - USDCAD
USDCAD
2017-10-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.2950 | Daily |
| Support | 1.2750 | Daily |
USDCAD, Daily: USDCAD extended its prior bullish momentum following a closure above the 38.2 Fibonacci level at 1.2750. Both MA lines which continues to expand and skew upwards suggests the pair to advance further up, towards the direction of resistance level at 1.2950.
Resistance level: 1.2950, 1.3150
Support level: 1.2750, 1.2505