GCMAsia - USDCAD

USDCAD
2017-06-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.3480 | H4 |
| Support | 1.3435 | H4 |

USDCAD, H4: USDCAD was traded lower following prior inability to close above the resistance level of 1.3540. Referring to MACD histogram which illustrates substantial downward momentum, it is suggested to move further down towards the target of support level at 1.3435.
Resistance level: 1.3480, 1.3540
Support level: 1.3435, 1.3385