GCMAsia - USDCAD
USDCAD
2017-09-29
| Resistance and Support | Level | Explanation |
| Resistance | 1.2500 | Daily |
| Support | 1.2420 | Daily |
USDCAD, H4: USDCAD remains traded within a downward channel while currently testing near the support level of 1.2420. A closure below the target of 1.2420 would suggest the pair to extend its losses, towards the bottom level of the channel thereafter.
Resistance level: 1.2500, 1.2625
Support level: 1.2420, 1.2335