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GCMAsia - USDCAD
USDCAD
USDCAD
2017-03-22
Resistance and Support Level Explanation
Resistance 1.3420 H4
Support 1.3350 H4

USDCAD, H4: USDCAD was traded higher following a rebound from the 20-moving average line (red). With regards to the MACD histogram which illustrates upward signal and momentum above the threshold of 0, USDCAD is expected to advance further upward, towards the target of resistance level at 1.3420.

 

Resistance level: 1.3420, 1.3535

Support level: 1.3350, 1.3290