GCMAsia - USDCAD

USDCAD
2017-08-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.2700 | Daily |
| Support | 1.2530 | Daily |

USDCAD, Daily: USDCAD recovered its losses sharply after rebounding from the psychological level of 1.2400. A closure above the 20-MA line (red) may extend its retracement and move towards the next target at 1.2700.
Resistance level: 1.2700, 1.2900
Support level: 1.2530, 1.2400