GCMAsia - USDCAD
USDCAD
2017-06-15
| Resistance and Support | Level | Explanation |
| Resistance | 1.3260 | H4 |
| Support | 1.3190 | H4 |
USDCAD, H4: USDCAD were traded higher following prior rebound from the support level of 1.3190. MACD indicator which begins to hover outside of downward momentum suggests USDCAD to be traded higher in short-term as technical correction. Long-term trend direction still suggests USDCAD to move further downwards.
Resistance level: 1.3260, 1.3330
Support level: 1.3190, 1.3120