GCMAsia - USDCAD

USDCAD
2019-05-03

USDCAD, H4: USDCAD was traded higher following prior rebound from the support level 1.3435. However, MACD which display diminishing bullish momentum suggest the pair to undergo short-term technical correction and retrace towards the support level 1.3435.
Resistance level: 1.3485, 1.3530
Support level: 1.3435, 1.3380