GCMAsia - USDCAD

USDCAD
2018-02-28
| Resistance and Support | Level | Explanation |
| Resistance | 1.2775 | H4 |
| Support | 1.2665 | H4 |

USDCAD, H4: USDCAD extended its gains following prior rebound from the 20-MA line (red). MACD histogram which continues to illustrate persistent upward signal and momentum suggests the pair to advance further up after breaking the resistance level at 1.2775.
Resistance level: 1.2775, 1.2845
Support level: 1.2665, 1.2585