GCMAsia - USDCAD
USDCAD
2017-03-30
| Resistance and Support | Level | Explanation |
| Resistance | 1.3350 | H4 |
| Support | 1.3305 | H4 |
USDCAD, H4: USDCAD remains traded within the upward channel while currently testing near the bottom level of the channel. A breakout from this level would signal a change in trend direction for USDCAD to move further downwards. Otherwise, a rebound from this level would suggest USDCAD to be traded higher in the channel for short-term thereafter.
Resistance level: 1.3350, 1.3390
Support level: 1.3305, 1.3240