GCMAsia - USDCAD

USDCAD
2017-05-15
| Resistance and Support | Level | Explanation |
| Resistance | 1.3750 | Daily |
| Support | 1.3645 | Daily |

USDCAD, Daily: USDCAD was traded lower following prior retracement from the strong resistance level of 1.3750. As the MACD histogram begins to illustrate downward signal and momentum, a closure below the support level of 1.3645 would suggest the extension of downward momentum.
Resistance level: 1.3750, 1.3860
Support level: 1.3645, 1.3555