GCMAsia-USDCAD
USDCAD
2021-06-02
USDCAD, H4: USDCAD remain traded in a sideway channel following recent rebound from the support level 1.2030. However, MACD which illustrate diminishing bearish momentum signal with the formation of golden cross suggest the pair to be extend its rebound in short term towards the resistance level 1.2140.
Resistance level: 1.2140, 1.2265
Support level: 1.2030, 1.1925