GCMAsia - USDCAD
USDCAD
2017-07-31
| Resistance and Support | Level | Explanation |
| Resistance | 1.2530 | Daily |
| Support | 1.2400 | Daily |
USDCAD, Daily: USDCAD was traded higher following prior rebound from the support level of 1.2400. Such price movement suggests USDCAD to be traded higher in short-term as technical correction. Otherwise, long-term trend direction still suggests further downside bias.
Resistance level: 1.2530, 1.2700
Support level: 1.2400, 1.2270