GCMAsia - USDCAD

USDCAD
2020-01-06

USDCAD, H4: USDCAD was traded lower while currently testing the support level at 1.2970. MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower after it successfully breakout below the support level at 1.2970.
Resistance level: 1.3020, 1.3085
Support level: 1.2970, 1.2935