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050520 USDCAD

by | May 5, 2020 | USD/CAD | 0 comments

GCMAsia - USDCAD
USDCAD
USDCAD
2020-05-05

USDCAD, H4: USDCAD was traded lower following prior retracement from the resistance level at 1.4120. MACD which illustrate diminishing bullish momentum suggests the pair to extend its retracement toward the support level at 1.3980.

 

Resistance level: 1.4120, 1.4240

Support level: 1.3980, 1.3855