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GCMAsia - USDCAD
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