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230720 USDCAD

by | Jul 23, 2020 | USD/CAD | 0 comments

GCMAsia - USDCAD
USDCAD
USDCAD
2020-07-23

USDCAD, H4: USDCAD was traded lower following recent breakout below the previous support level 1.3485. However, MACD which illustrate diminishing bearish momentum suggest the pair to experience a short term technical correction towards the resistance level 1.3485.

 

Resistance level: 1.3485, 1.3685

Support level: 1.3330, 1.3195