GCMAsia - USDCAD
USDCAD
2017-04-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.3410 | H1 |
| Support | 1.3385 | H1 |
USDCAD, H1: USDCAD was traded lower following prior retracement from the previous high of 1.3455 while recently closed below the 20-moving average line (red). As the MACD histogram illustrates substantial downward signal and momentum, USDCAD is expected to advance further down, towards the target of support level at 1.3385.
Resistance level: 1.3410, 1.3455
Support level: 1.3385, 1.3365