83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

070619 USDCAD-Noon

by | Jun 7, 2019 | USD/CAD | 0 comments

GCMAsia - USDCAD
USDCAD
USDCAD
2019-06-07

USDCAD, H4: USDCAD was traded lower while currently testing the support level at 1.3345.  MACD which illustrate bearish momentum and the formation of death cross suggests the pair to extend its losses after successfully breakout below the support level at 1.3345.

 

Resistance level: 1.3390, 1.3420

Support level: 1.3345, 1.3310