GCMAsia - USDCAD
USDCAD
2017-05-31
| Resistance and Support | Level | Explanation |
| Resistance | 1.3475 | Daily |
| Support | 1.3880 | Daily |
USDCAD, Daily: USDCAD remained traded within a downward channel while currently testing at the bottom level. With regards to both moving average line which continues to narrow downwards, it suggests higher possibility for a breakout from the bottom level and signals a change in trend direction thereafter.
Resistance level: 1.3475, 1.3600
Support level: 1.3380, 1.3280