GCMAsia - USDCAD
USDCAD
2017-05-25
| Resistance and Support | Level | Explanation |
| Resistance | 1.3475 | Daily |
| Support | 1.3380 | Daily |
USDCAD, Daily: USDCAD remains traded within an upward channel while currently testing at the bottom level of the channel. As both moving average line shifted its direction and narrow downwards, it suggests higher probability for a breakout from the bottom level and move further downwards thereafter.
Resistance level: 1.3475, 1.3595
Support level: 1.3380, 1.3280