GCMAsia - USDCAD

USDCAD
2017-08-29
| Resistance and Support | Level | Explanation |
| Resistance | 1.2555 | H4 |
| Support | 1.2495 | H4 |

USDCAD, H4: USDCAD was traded higher prior the pair breaking above resistance level at 1.2495. MACD signal line which shows positive divergence gives a suggestion to USDCAD to continue its upward momentum, testing the next resistance level at 1.2555.
Resistance level: 1.2555, 1.2595
Support level: 1.2495, 1.2415