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150518 USDCAD

by | May 15, 2018 | USD/CAD | 0 comments

GCMAsia - USDCAD
USDCAD
USDCAD
2018-05-15
Resistance and Support Level Explanation
Resistance 1.2930 Daily
Support 1.2735 Daily

USDCAD, Daily: USDCAD remains traded within a narrowing triangle following prior rebound from the lower level. Stochastic Oscillator which begins to form a rebound signal from the oversold region may suggests the pair to extend its gains after closing above the 20-MA line (red).

 

Resistance level: 1.2930, 1.3120

Support level: 1.2735, 1.2630