GCMAsia-USDCAD

USDCAD
2021-06-04
USDCAD, H4: USDCAD remain traded in a sideway channel while currently testing near the resistance level 1.2140. However, MACD which illustrate ongoing bullish momentum signal suggest the pair to be traded higher after it breaks above the resistance level.
Resistance level: 1.2140, 1.2265
Support level: 1.2030, 1.1925