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GCMAsia - USDCAD
USDCAD
USDCAD
2017-04-27
Resistance and Support Level Explanation
Resistance 1.3555 H1
Support 1.3525 H1

USDCAD, H1: USDCAD rebounds from the support level of 1.3525 following prior sharp plunge from a high of 1.3645. Recent rebound suggests USDCAD to experience brief retracement period and to be traded higher in short-term. Long-term trend direction still suggests USDCAD to move further down as MACD histogram continues to illustrate downward signal.

 

Resistance level: 1.3555, 1.3590

Support level: 1.3525, 1.3500