GCMAsia - USDCAD

USDCAD
2017-08-14
| Resistance and Support | Level | Explanation |
| Resistance | 1.2700 | Daily |
| Support | 1.2530 | Daily |

USDCAD, Daily: USDCAD halts its prior ascend following a retrace while closing below the threshold of 1.2700. Recent price movement suggests further downside bias for USDCAD to extend its losses towards the support level at 1.2530.
Resistance level: 1.2700, 1.2900
Support level: 1.2530, 1.2400