83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

011221 USDCAD-Noon

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

USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level 1.2765. MACD which illustrate bearish momentum signal suggest the pair to extend its losses towards the support level 1.2615.

 

Resistance level: 1.2765, 1.2865

Support level: 1.2615, 1.2505