GCMAsia-USDCAD

USDCAD
2020-12-22

USDCAD, H4: USDCAD was traded higher following prior breakout above the previous resistance level at 1.2850. However, MACD which illustrated diminishing bullish momentum suggest the pair to undergo technical correction in short term.
Resistance level: 1.2950, 1.3025
Support level: 1.2850, 1.2770