GCMAsia - USDCAD

USDCAD
2017-06-23
| Resistance and Support | Level | Explanation |
| Resistance | 1.3250 | H4 |
| Support | 1.3200 | H4 |

USDCAD, H4: USDCAD remained traded within an upward channel while currently testing at the bottom level. MACD histogram illustrates substantial downward signal which suggests higher probability for a breakout to occur at this level and signal a change in trend direction to move further downwards thereafter.
Resistance level: 1.3250, 1.3300
Support level: 1.3200, 1.3160