GCMAsia-USDCAD

USDCAD
2021-05-04

USDCAD, H4: USDCAD was traded lower while currently testing the support level at 1.2265. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.2420, 1.2595
Support level: 1.2265, 1.2135