GCMAsia - USDCAD
USDCAD
2018-03-30
| Resistance and Support | Level | Explanation |
| Resistance | 1.2930 | H1 |
| Support | 1.2880 | H1 |
USDCAD, H1: USDCAD remains traded within a sideways channel while recently retraced from the 60-MA line (green). Both MA line which continues to narrow downwards suggests further bearish bias. However, a close below the support level at 1.2880 is required to attain further clarification.
Resistance level: 1.2930, 1.2955
Support level: 1.2880, 1.2835