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GCMAsia - USDCAD
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