GCMAsia - USDCAD
USDCAD
2017-03-28
| Resistance and Support | Level | Explanation |
| Resistance | 1.3385 | H1 |
| Support | 1.3365 | H1 |
USDCAD, H1: USDCAD remains traded within the sideways channel following prior rebound from the support level of 1.3365. It is expected to advance further up, towards the upper level of the channel in short-term after breaking the resistance level of 1.3385. Long-term trend direction could only be determined after a successful breakout from either side of the channel.
Resistance level: 1.3385, 1.3400, 1.3425
Support level: 1.3365, 1.3345, 1.3320