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010221 USDCAD

by | Feb 1, 2021 | USD/CAD | 0 comments

GCMAsia-USDCAD
USDCAD
USDCAD
2021-02-01

USDCAD, H4: USDCAD was traded higher following prior breakout above the previous resistance level at 1.2790. MACD which illustrate diminishing bearish momentum suggest the pair to extend its gains toward the resistance level at 1.2865.

 

Resistance level: 1.2865, 1.2930

Support level: 1.2790, 1.2695