GCMAsia - USDCAD

USDCAD
2017-06-01
| Resistance and Support | Level | Explanation |
| Resistance | 1.3540 | H4 |
| Support | 1.3480 | H4 |

USDCAD, H4: USDCAD was traded higher following prior closure above the Fibonacci level of 23.6 at 1.3480. MACD histogram which continues to illustrate upward signal suggests USDCAD to extend its upward momentum towards the target of resistance level at 1.3540.
Resistance level: 1.3540, 1.3590
Support level: 1.3480, 1.3385