GCMAsia-USDCAD

USDCAD
2020-07-16

USDCAD, H4: USDCAD was traded lower while currently testing the support level at 1.3505. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.3555, 1.3630
Support level: 1.3505, 1.3430