GCMAsia - USDCAD

USDCAD
2019-12-03

USDCAD, H4: USDCAD remain traded in a sideway channel following recent rebound from its low level. However, MACD which illustrate bullish momentum signal with the formation of golden cross suggest the pair to extend its rebound in short term towards the resistance level 1.3320.
Resistance level: 1.3320, 1.3385
Support level: 1.3260, 1.3185