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GCMAsia - USDCAD
USDCAD
USDCAD
2017-04-06
Resistance and Support Level Explanation
Resistance 1.3475 H4
Support 1.3430 H4

USDCAD, H4: USDCAD was traded higher following prior rebound from the 20-moving average line (red). With regards to the upward signal from MACD histogram and upward expansion of both MA lines, USDCAD is expected to extend its upward momentum towards the target of resistance level at 1.3475.

 

Resistance level: 1.3475, 1.3530

Support level: 1.3430, 1.3400