GCMAsia - USDCAD

USDCAD
2019-07-22

USDCAD, H1: USDCAD was traded higher following prior rebound from the support level 1.3050. Due to lack of signal and momentum from the MACD, a breakout above the resistance level 1.3090 or below the support level 1.3050 is required to obtain further confirmation before entering the market.
Resistance level: 1.3090, 1.3110
Support level: 1.3050, 1.3015