GCMAsia - USDCAD
USDCAD
USDCAD, H4: USDCAD was traded lower while currently testing the support level 1.2995. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to be traded higher as a technical correction in short term towards the resistance level 1.3105.
Resistance level: 1.3105, 1.3240
Support level: 1.2995, 1.2890