GCMAsia-USDCAD

USDCAD
2021-05-06

USDCAD, H4: USDCAD was traded lower while currently testing the support level at 1.2255. However, MACD which illustrated increasing bearish momentum suggest the pair to extend its losses after it successfully breakout below the support level.
Resistance level: 1.2335, 1.2410
Support level: 1.2255, 1.2140