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310518 USDCAD

by | May 31, 2018 | USD/CAD | 0 comments

GCMAsia - USDCAD
USDCAD
USDCAD
2018-05-31
Resistance and Support Level Explanation
Resistance 1.2900 H1
Support 1.2875 H1

USDCAD, H1: USDCAD was traded lower following prior retracement from the resistance level at 1.2900. Both MA line which continues to expand downward suggests the pair to extend its losses after closing below the support level at 1.2875.

 

Resistance level: 1.2900, 1.2970

Support level: 1.2875, 1.2830