GCMAsia - USDCAD
USDCAD
2017-05-19
| Resistance and Support | Level | Explanation |
| Resistance | 1.3645 | H4 |
| Support | 1.3580 | H4 |
USDCAD, H4: USDCAD was traded within a range of 1.3580 and 1.3645 following prior retracement. Recent closure below the 20-moving average line (red) suggests USDCAD to advance further down and retest at the support level of 1.3645 in short-term. Long-term trend direction could only be determined after USDCAD successfully broke out from either side of the range.
Resistance level: 1.3645, 1.3700
Support level: 1.3580, 1.3525