|Resistance and Support||Level||Explanation|
USDCAD, H4: USDCAD were traded lower following prior retracement from the resistance level of 1.3345. However, both moving average line continues to narrow upwards suggests USDCAD to extend its upward momentum after breaking the resistance level of 1.3345.
Resistance level: 1.3345, 1.3390
Support level: 1.3300, 1.3250