GCMAsia - USDCAD

USDCAD
2017-04-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.3355 | Daily |
| Support | 1.3280 | Daily |

USDCAD, Daily: USDCAD was traded lower following prior retracement from the 20-moving average line (red). As the MACD histogram continues to illustrate downward signal and momentum, USDCAD is expected to advance further down and retest near the strong support level of 1.3280.
Resistance level: 1.3355, 1.3450
Support level: 1.3280, 1.3210