GCMAsia-USDCAD
USDCAD
2021-05-17
USDCAD, H4: USDCAD remain traded flat in a sideway channel while currently testing near the resistance level 1.2150. However, MACD which display bullish momentum signal with the recent formation of golden cross suggest the pair to be traded higher after it breaks above the resistance level.
Resistance level: 1.2150, 1.2270
Support level: 1.2030, 1.1915