GCMAsia - USDCAD
USDCAD
2019-03-08
USDCAD, H4: USDCAD was traded higher following prior breakout above the previous resistance level 1.3440. However, MACD which illustrate diminishing bullish momentum with the formation of death cross suggest the pair to be traded lower as a short term technical correction back below the support level 1.3375.
Resistance level: 1.3505, 1.3570
Support level: 1.3440, 1.3375