GCMAsia - USDCAD

USDCAD
2019-07-05

USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level 1.3080. However, MACD which illustrate diminishing bearish momentum suggest the pair to experience a short term technical correction towards the current resistance level 1.3080.
Resistance level: 1.3080, 1.3160
Support level: 1.2970, 1.2895