GCMAsia-USDCAD

USDCAD
2021-01-05

USDCAD, Daily: USDCAD was traded higher following prior rebound from the support level at 1.2690. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2980, 1.3295
Support level: 1.2690, 1.2415