GCMAsia - USDCAD

USDCAD
2019-05-21

USDCAD, H4: USDCAD remain traded in a sideway channel after breaking below the previous support level 1.3435. MACD which illustrate bearish momentum suggest the pair to extend its losses towards the bottom-level of the channel at 1.3380.
Resistance level: 1.3435, 1.3485
Support level: 1.3380, 1.3305