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GCMAsia - USDCAD
USDCAD
USDCAD
2017-06-05
Resistance and Support Level Explanation
Resistance 1.3600 Daily
Support 1.3475 Daily

USDCAD, Daily: USDCAD remained traded within an upward channel while currently testing at the bottom level of the channel. A breakout from this level would signal a change in trend direction to move further downwards. Otherwise, a rebound would suggest USDCAD to be traded higher for short-term within the upward channel.

 

Resistance level: 1.3600, 1.3790

Support level: 1.3475, 1.3380