GCMAsia-USDCAD

USDCAD
2020-01-06

USDCAD, H4: USDCAD was traded within a range while currently testing the support level at 1.2970. MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower after it successfully breakout below the support level.
Resistance level: 1.3045, 1.3110
Support level: 1.2970, 1.2900