GCMAsia-USDCAD

USDCAD
2020-05-19

USDCAD, H1: USDCAD was traded lower following prior retracement from the resistance level at 1.3970. However, MACD which illustrated increasing bullish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.3970, 1.4010
Support level: 1.3935, 1.3905