GCMAsia - USDCAD

USDCAD
2018-03-28
| Resistance and Support | Level | Explanation |
| Resistance | 1.2930 | H1 |
| Support | 1.2835 | H1 |

USDCAD, H1: USDCAD remains traded within a descending triangle following prior retrace from the top level. MACD histogram which illustrate diminishing upward momentum suggests the pair to extend its losses in short-term after closing below the 20-MA line (red).
Resistance level: 1.2930, 1.2990
Support level: 1.2835, 1.2805