GCMAsia - USDCAD
USDCAD
2017-05-11
| Resistance and Support | Level | Explanation |
| Resistance | 1.3745 | H4 |
| Support | 1.3645 | H4 |
USDCAD, H4: USDCAD remains traded within a sideways channel while currently testing near the top level of the channel. A breakout from this level would signal a change in trend direction to move further upwards thereafter. Otherwise, a retrace from this level would suggest USDCAD to be traded lower in short-term, within the sideways channel.
Resistance level: 1.3745, 1.3790
Support level: 1.3645, 1.3550