GCMAsia - USDCAD

USDCAD
2019-07-19

USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level at 1.3040. MACD which display bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 1.2990.
Resistance level: 1.3040, 1.3095
Support level: 1.2990, 1.2900