GCMAsia - USDCAD

USDCAD
2017-06-07
| Resistance and Support | Level | Explanation |
| Resistance | 1.3475 | Daily |
| Support | 1.3380 | Daily |

USDCAD, Daily: USDCAD remained traded within an upward channel while currently testing at the bottom level. Both MA lines has formed a death cross formation suggests a higher chance for a breakout from this level and signal a change in trend direction to move further down thereafter.
Resistance level: 1.3475, 1.3600
Support level: 1.3380, 1.3280