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GCMAsia - USDCAD
USDCAD
USDCAD
2017-05-16
Resistance and Support Level Explanation
Resistance 1.3665 H4
Support 1.3590 H4

USDCAD, H4: USDCAD was traded lower following the formation of death cross by both moving average line. Referring to the downward signal from MACD histogram which expand downwards, USDCAD is expected to move further down, towards the target of support level at 1.3590.

 

Resistance level: 1.3665, 1.3790

Support level: 1.3590, 1.3525