GCMAsia - USDCAD
USDCAD
2017-05-12
| Resistance and Support | Level | Explanation |
| Resistance | 1.3750 | H4 |
| Support | 1.3645 | H4 |
USDCAD, H4: USDCAD remains traded within a sideways channel following prior retracement from the top level of the channel. Referring to the Stochastic oscillator which illustrates both signal line to enter into the oversold region, an imminent rebound would suggest USDCAD to be traded higher in short-term, towards the top level of the channel.
Resistance level: 1.3750, 1.3860
Support level: 1.3645, 1.3555