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041219 USDCAD-Noon

by | Dec 4, 2019 | USD/CAD | 0 comments

GCMAsia - USDCAD
USDCAD
USDCAD
2019-12-04

USDCAD, H4: USDCAD was traded lower while currently testing the 50 moving average line (Blue).  MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend its losses after it successfully breakout below the moving average line.

 

Resistance level: 1.3335, 1.3395

Support level: 1.3265, 1.3210