83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

USDCAD, H4: USDCAD was traded lower following a breakout at the support level at 1.2080. MACD which illustrated bearish signal suggest the pair to be traded lower in short-term, towards the direction of 1.2010.

 

Resistance level: 1.2080, 1.2180

Support level: 1.2010, 1.1900