GCMAsia-USDCAD

USDCAD
2020-05-14

USDCAD, H4: USDCAD was traded higher following prior rebound from the support level at 1.4005. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.4155, 1.4265
Support level: 1.4005, 1.3865