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 prior retrace from higher level. MACD which begin to form bearish signal suggests the pair to be traded lower after breaking the support of 1.2590.

 

Resistance level: 1.2660, 1.2725

Support level: 1.2590, 1.2535