GCMAsia - USDCAD

USDCAD
2019-12-04

USDCAD, H4: USDCAD remain traded in a sideway channel. However, MACD which illustrate diminishing bullish momentum signal with the starting formation of death cross suggest the pair to be traded lower in short term towards the support level 1.3260.
Resistance level: 1.3320, 1.3385
Support level: 1.3260, 1.3185