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040220 USDCAD

by | Feb 4, 2020 | USD/CAD | 0 comments

GCMAsia-USDCAD
USDCAD
USDCAD
2020-02-04

USDCAD, Daily: USDCAD was traded higher following prior breakout above the previous resistance level at 1.3245. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.

 

Resistance level: 1.3320, 1.3410

Support level: 1.3245, 1.3165