GCMAsia - USDCAD
USDCAD
2017-04-21
| Resistance and Support | Level | Explanation |
| Resistance | 1.3500 | H1 |
| Support | 1.3455 | H1 |
USDCAD, H1: USDCAD were traded lower following prior retrace from the 20-moving average line (red) while currently oscillate in between both MA lines. USDCAD may extend its retracement period and oscillate in between the range of 1.3455 and 1.3500 in the short-term. Otherwise, long-term trend direction suggests USDCAD to move further downwards after a successful closure below the support level of 1.3455.
Resistance level: 1.3500, 1.3535
Support level: 1.3455, 1.3420