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GCMAsia - USDCAD
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