GCMAsia-USDCAD

USDCAD
2020-10-13

USDCAD, H4: USDCAD was traded lower following prior retracement from the resistance level at 1.3135. However, MACD which illustrated increasing bullish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.3135, 1.3200
Support level: 1.3055, 1.3000