GCMAsia - USDCAD

USDCAD
2020-04-08

USDCAD, H4: USDCAD was traded lower while currently testing near the support level 1.3975. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to be traded higher as a technical correction towards the resistance level 1.4260.
Resistance level: 1.4260, 1.4550
Support level: 1.3975, 1.3735