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010620 USDCAD

by | May 31, 2020 | USD/CAD | 0 comments

GCMAsia - USDCAD
USDCAD
USDCAD
2020-06-01

USDCAD, Daily: USDCAD was traded lower following prior breakout below the previous support level at 1.3855. However, MACD which illustrates diminishing bearish momentum suggest the pair to undergo technical correction toward the resistance level at 1.3855.

 

Resistance level: 1.3855, 1.3980

Support level: 1.3670, 1.3380