GCMAsia-USDCAD

USDCAD
2020-03-06

USDCAD, Daily: USDCAD was traded higher following prior breakout above the previous resistance level at 1.3380. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.3450, 1.3535
Support level: 1.3390, 1.3235