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GCMAsia - USDCAD
USDCAD
USDCAD
2017-08-21
Resistance and Support Level Explanation
Resistance 1.3380 Weekly
Support 1.2625 Weekly

USDCAD, Weekly: USDCAD was traded lower after breaking support level at 1.3380. Currently, the pair is testing the support level at 1.2625 and 200-MA line. Successful breakout of the said support level and 200-MA line gives suggestion to USDCAD to further its losses toward the next support level at 1.2015.

Resistance level: 1.3380, 1.4605

Support level: 1.2625, 1.2015