GCMAsia-USDCAD

USDCAD
2021-04-05

USDCAD, H4: USDCAD remain traded in a sideway channel. However, MACD which illustrate bullish bias signal with the formation of golden cross suggest the pair to be traded higher in short term towards the resistance level 1.2610.
Resistance level: 1.2610, 1.2745
Support level: 1.2475, 1.2360