GCMAsia - USDCAD

USDCAD
2020-09-01

USDCAD, H4: USDCAD was traded lower while currently testing the support level 1.3030. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to be traded higher as a short term technical correction towards the resistance level 1.3115.
Resistance level: 1.3115, 1.3230
Support level: 1.3030, 1.2960