GCMAsia-USDCAD

USDCAD
2020-04-06

USDCAD, H4: USDCAD remain traded in a sideway channel following recent retracement from the resistance level 1.4260. Due to lack of momentum and direction from MACD, it is suggested to wait until further signal appear before entering the market.
Resistance level: 1.4260, 1.4550
Support level: 1.4000, 1.3735