GCMAsia-USDCAD

USDCAD
2021-04-05

USDCAD, H4: USDCAD was traded lower following prior retracement from the resistance level at 1.2630. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.2630, 1.2745
Support level: 1.2475, 1.2380