GCMAsia - USDCAD

USDCAD
2017-05-30
| Resistance and Support | Level | Explanation |
| Resistance | 1.3480 | H4 |
| Support | 1.3385 | H4 |

USDCAD, H4: USDCAD was traded higher following prior rebound while closing above the 20-moving average line (red). As the MACD histogram continues to illustrate significant upward signal, a closure above the resistance level of 1.3480 would suggest an extension of upward momentum.
Resistance level: 1.3480, 1.3540
Support level: 1.3385, 1.3340