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050121 USDCAD-Noon

by | Jan 5, 2021 | USD/CAD | 0 comments

GCMAsia-USDCAD
USDCAD
USDCAD
2021-01-05

USDCAD, H1: USDCAD was traded lower following prior breakout below the previous support level at 1.2770. MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower toward the support level at 1.2695.

 

Resistance level: 1.2770, 1.2825

Support level: 1.2695, 1.2625