GCMAsia - 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