GCMAsia - USDCAD

USDCAD
2017-04-07
| Resistance and Support | Level | Explanation |
| Resistance | 1.3410 | H1 |
| Support | 1.3385 | H1 |

USDCAD, H1: USDCAD extended its losses following prior retracement from the 20-moving average line (red). As both moving average line continues to narrow downwards and may form an imminent death cross formation, USDCAD is expected to move further downwards, towards the target of support level at 1.3385.
Resistance level: 1.3410, 1.3455
Support level: 1.3385, 1.3365