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GCMAsia - USDCAD
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

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