GCMAsia - 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