GCMAsia - USDCAD

USDCAD
2020-04-17

USDCAD, Daily: USDCAD was traded lower folloiwng prior retracement from the resistance level at 1.4105. However, MACD which illustrate diminishing bearish momentum suggest the pair to undergo technical correction toward the resistance level at 1.4105.
Resistance level: 1.4105, 1.4240
Support level: 1.3980, 1.3790