GCMAsia - 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