GCMAsia - USDCAD
USDCAD
2017-04-26
| Resistance and Support | Level | Explanation |
| Resistance | 1.3590 | H1 |
| Support | 1.3560 | H1 |
USDCAD, H1: USDCAD oscillates in between the range of 1.3560 and 1.3590 following prior retrace from the high of 1.3625. As the MACD indicator continues to hover outside of upward momentum, USDCAD may extend its retracement period and to be traded lower in the short-term. Long-term trend direction still suggests USDCAD to move further upwards.
Resistance level: 1.3590, 1.3625
Support level: 1.3560, 1.3520