GCMAsia - USDCAD

USDCAD
2017-05-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.3815 | H4 |
| Support | 1.3700 | H4 |

USDCAD, H4: USDCAD has extended its gains following previous closure above the resistance level of 1.3700. As both MA lines continue to expand upwards after the formation of golden cross, USDCAD is expected to advance further up towards the target of resistance level at 1.3815.
Resistance level: 1.3815, 1.3915
Support level: 1.3700, 1.3530