GCMAsia - USDCAD
USDCAD
2017-04-11
| Resistance and Support | Level | Explanation |
| Resistance | 1.3345 | H1 |
| Support | 1.3315 | H1 |
USDCAD, H1: USDCAD was traded higher following prior rebound from the support level of 1.3315. With regards to the MACD histogram which begins to illustrate upward signal and momentum, USDCAD is suggested to experience brief technical correction and to be traded higher in the short-term. Otherwise, long-term trend direction still suggests USDCAD to extend its downward momentum.
Resistance level: 1.3345, 1.3365
Support level: 1.3315, 1.3275