GCMAsia - USDCAD
USDCAD
2018-07-31
| Resistance and Support | Level | Explanation |
| Resistance | 1.3030 | H1 |
| Support | 1.2995 | H1 |
USDCAD, H1: USDCAD was traded higher following prior rebound from the support level 1.2995 and currently testing the resistance level 1.3030. Although recent price action and MACD display bullish signals with golden cross formation and also positive divergence, however a breakout above the resistance level 1.3030 and trend line are required for further confirmation.
Resistance level: 1.3030, 1.3075
Support level: 1.2995, 1.2955