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GCMAsia - USDCAD
USDCAD
USDCAD
2017-05-09
Resistance and Support Level Explanation
Resistance 1.3730 H4
Support 1.3640 H4

USDCAD, H4: USDCAD remains struggles between both moving average line while currently testing at the upward trend line. A closure below this line would signal a change in trend direction to move further downwards. Otherwise, a rebound would suggest USDCAD to advance further up and retest at the resistance level of 1.3730.

 

Resistance level: 1.3730, 1.3790

Support level: 1.3640, 1.3540