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120320 USDCAD

by | Mar 12, 2020 | USD/CAD | 0 comments

GCMAsia-USDCAD
USDCAD
USDCAD
2020-03-12

USDCAD, H4: USDCAD was traded higher while currently testing the resistance level 1.3785. However, MACD which illustrate bearish bias signal with the starting formation of death cross suggest the pair to be traded lower as a technical correction towards the support level 1.3665.

 

Resistance level: 1.3785, 1.3900

Support level: 1.3665, 1.3575