GCMAsia - USDCAD
USDCAD
2017-10-30
| Resistance and Support | Level | Explanation |
| Resistance | 1.2925 | H4 |
| Support | 1.2775 | H4 |
USDCAD, H4: USDCAD was traded lower prior retracement from resistance level at 1.2925. Formation of pin bar candlestick and death-cross as formed by MACD signal line suggest the pair to undergo short-term technical correction to trade lower toward support level at 1.2775.
Resistance level: 1.2925, 1.2995
Support level: 1.2775, 1.2720