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GCMAsia - USDCAD
USDCAD
USDCAD
2017-06-02
Resistance and Support Level Explanation
Resistance 1.3520 H1
Support 1.3485 H1

USDCAD, H1: USDCAD remained traded within an upward channel following prior retracement from the strong resistance level of 1.3520. A closure below the 20-moving average line (red) would suggest USDCAD to advance further down, towards the target of support level at 1.3485.

 

Resistance level: 1.3520, 1.3550

Support level: 1.3485, 1.3450