GCMAsia - USDCAD

USDCAD
2017-08-17
| Resistance and Support | Level | Explanation |
| Resistance | 1.2740 | Daily |
| Support | 1.2420 | Daily |

USDCAD, Daily: USDCAD was traded lower after retraced from resistance level at 1.2740. Downward slope of MACD histogram and engulfing candle formation suggests USDCAD to continue its downward momentum, testing support level at 1.2420.
Resistance level: 1.2740, 1.2935
Support level: 1.2420, 1.2190