GCMAsia - USDCAD

USDCAD
2018-03-29
| Resistance and Support | Level | Explanation |
| Resistance | 1.2930 | H1 |
| Support | 1.2880 | H1 |

USDCAD, H1: USDCAD extended its gains following prior breakout from the top level of descending triangle. However, MACD histogram which illustrate diminishing upward momentum may suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2930, 1.2955
Support level: 1.2880, 1.2835