|Resistance and Support||Level||Explanation|
USDCAD, Daily: USDCAD has recently broke out from bottom level of upward channel, signaling a change in trend direction to move further downwards. MACD histogram continues to illustrate prominent downward signal and momentum suggests USDCAD to extend its losses after breaking the support level of 1.3280.
Resistance level: 1.3380, 1.3475
Support level: 1.3280, 1.3145