GCMAsia - USDCAD
USDCAD
2017-04-18
| Resistance and Support | Level | Explanation |
| Resistance | 1.3335 | H1 |
| Support | 1.3310 | H1 |
USDCAD, H1: USDCAD remains traded within an ascending triangle following prior retracement near the resistance level of 1.3335. It is expected to be traded lower in the short-term, towards the lower level of the triangle after breaking the support level of 1.3310. Long-term trend direction could only be determined following a breakout from either side of the ascending triangle.
Resistance level: 1.3335, 1.3365
Support level: 1.3310, 1.3290