83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - USDCAD
USDCAD
USDCAD
2018-06-28
Resistance and Support Level Explanation
Resistance 1.3335 H1
Support 1.3290 H1

USDCAD, H1: USDCAD was traded lower following prior retracement while currently testing near the top level of sideways channel. MACD histogram which illustrate substantial reduction in upward momentum may suggest the pair to be traded lower in short-term as technical correction.

 

Resistance level: 1.3335, 1.3365

Support level: 1.3290, 1.3260