GCMAsia-USDCAD

USDCAD
2021-05-07

USDCAD, H4: USDCAD was traded lower while currently testing the support level 1.2150. MACD which illustrate diminishing bearish momentum signal suggest the pair to experience a technical correction towards the resistance level 1.2270.
Resistance level: 1.2270, 1.2385
Support level: 1.2150, 1.2030