GCMAsia - USDCAD

USDCAD
2018-06-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.3335 | H1 |
| Support | 1.3290 | H1 |

USDCAD, H1: USDCAD remains traded within a tight range while recently rebounded from the mid-level. Diminishing downward momentum as illustrated in the MACD histogram suggests the pair to be traded higher in short-term while long-term trend direction can only be determined following a breakout from either side of the range.
Resistance level: 1.3335, 1.3365
Support level: 1.3290, 1.3260