GCMAsia-USDCAD

USDCAD
2020-05-11

USDCAD, H4: USDCAD was traded lower while currently near the support level at 1.3875. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.4015, 1.4155
Support level: 1.3875, 1.3765