GCMAsia - USDCAD

USDCAD
2017-10-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.2720 | Daily |
| Support | 1.2470 | Daily |

USDCAD, Daily: USDCAD was traded lower following prior retracement while currently testing at the support level of 1.2470. Both MA lines which continues to narrow upwards suggests USDCAD to extend its upward momentum after a successful rebound from 1.2470.
Resistance level: 1.2720, 1.2925
Support level: 1.2470, 1.2060