GCMAsia - USDCAD

USDCAD
2019-06-03

USDCAD, H4: USDCAD was traded lower while currently testing near the 20-MA line (green). MACD which illustrate bearish momentum with the formation of death cross suggest the pair to extend its losses after successfully closing below the 20-MA line.
Resistance level: 1.3530, 1.3575
Support level: 1.3490, 1.3435