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010219 USDCAD

by | Feb 1, 2019 | USD/CAD | 0 comments

GCMAsia - USDCAD
USDCAD
USDCAD
2019-02-01
Resistance and Support Level Explanation
Resistance 1.3215 H4
Support 1.3125 H4

USDCAD, H4: USDCAD was traded lower while currently testing the support level 1.3125. However, MACD which illustrate diminishing bearish momentum suggest the pair to be traded higher as a short term technical correction toward the resistance level 1.3215.

 

Resistance level: 1.3215, 1.3310

Support level: 1.3125, 1.3060