GCMAsia - USDCAD
USDCAD
2017-04-19
| Resistance and Support | Level | Explanation |
| Resistance | 1.3400 | H1 |
| Support | 1.3372 | H1 |
USDCAD, H1: USDCAD has recently breakout from the top level of ascending triangle, signifying a change in trend direction to move further upwards. As both moving average line continues to expand upwards after the formation of golden cross, a closure above the resistance level of 1.3400 would suggest USDCAD to move further upwards.
Resistance level: 1.3400, 1.3425
Support level: 1.3372, 1.3335