GCMAsia-USDCAD

USDCAD
2021-03-04

USDCAD, H4: USDCAD was traded higher following prior rebound from the support level at 1.2615. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains toward resistance level at 1.2720.
Resistance level: 1.2720, 1.2785
Support level: 1.2615, 1.2560