GCMAsia - USDCAD

USDCAD
2020-09-02

USDCAD, H4: USDCAD was traded higher following prior rebound from the support level 1.2995. However, MACD which illustrate bullish momentum signal with the formation of golden cross suggest the pair to extend its rebound towards the resistance level 1.3115.
Resistance level: 1.3115, 1.3230
Support level: 1.3030, 1.2960