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GCMAsia - USDCAD
USDCAD
USDCAD
2017-05-02
Resistance and Support Level Explanation
Resistance 1.3690 Daily
Support 1.3555 Daily

USDCAD, Daily: USDCAD remains traded within an upward channel while currently testing at the top level of the channel. A successful breakout would signal a change in trend direction to move further upwards. Otherwise, a retrace would suggest USDCAD to be traded lower in short-term within the upward channel.

 

Resistance level: 1.3690, 1.3820

Support level: 1.3555, 1.3415