GCMAsia - 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