GCMAsia - USDCAD

USDCAD
2019-01-04
Resistance and Support | Level | Explanation |
Resistance | 1.3505 | H4 |
Support | 1.3420 | H4 |
USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level 1.3505. MACD which illustrate diminishing bearish momentum suggest the pair to undergo short term technical correction towards the resistance level 1.3505.
Resistance level: 1.3505, 1.3570
Support level: 1.3420, 1.3330