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.
GCMAsia - USDCAD
USDCAD
USDCAD
2019-06-03

USDCAD, H4: USDCAD was traded lower while currently testing near the 20-MA line (green). MACD which illustrate bearish momentum with the formation of death cross suggest the pair to extend its losses after successfully closing below the 20-MA line.

 

Resistance level: 1.3530, 1.3575

Support level: 1.3490, 1.3435