GCMAsia - USDCAD
USDCAD
2018-07-30
| Resistance and Support | Level | Explanation |
| Resistance | 1.3075 | H1 |
| Support | 1.3030 | H1 |
USDCAD, H1: USDCAD remains in a consolidation phase while currently retest the trend line and resistance level 1.3075. Due to the lack of signal from price action and indicators, it is suggested to wait until further clear signal such as breakout above the trend line and resistance level 1.3075 or retracement from the trend line appears before entering the market.
Resistance level: 1.3075, 1.3115
Support level: 1.3030, 1.2955