GCMAsia-USDCAD

USDCAD
2021-06-03
USDCAD, H4: USDCAD remain traded in a sideway channel while currently testing the support level 1.2030. However, MACD which illustrate bearish momentum signal suggest the pair to extend its losses after it breaks below the support level.
Resistance level: 1.2140, 1.2265
Support level: 1.2030, 1.1925