GCMAsia - USDCAD

USDCAD
2019-11-21

USDCAD, H4: USDCAD was traded lower following prior breakout above the previous resistance level 1.3260. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a technical correction in short term towards the support level 1.3260.
Resistance level: 1.3340, 1.3385
Support level: 1.3260, 1.3185