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GCMAsia - USDCAD
USDCAD
USDCAD
2017-04-10
Resistance and Support Level Explanation
Resistance 1.3460 Daily
Support 1.3355 Daily

USDCAD, Daily: USDCAD was traded higher following prior rebound near the support level of 1.3355. As both moving average line continues to expand upwards while coupled with MACD indicator which begins to hover within upward momentum, USDCAD is expected to advance further up and retest near the resistance level of 1.3460.

 

Resistance level: 1.3460, 1.3595

Support level: 1.3355, 1.3280