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050522 USDCAD-Noon

by | May 5, 2022 | USD/CAD | 0 comments

USDCAD, H4: USDCAD was traded lower while currently testing the support level. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses after breakout.

 

Resistance level: 1.2890, 1.2960

Support level: 1.2750, 1.2635