GCMAsia - USDCAD

USDCAD
2019-01-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.3330 | H4 |
| Support | 1.3280 | H4 |

USDCAD, H4: USDCAD was traded lower while currently testing the support level at 1.3280. However, MACD which illustrate diminishing bearish momentum suggest the pair to undergo short term technical correction towards the resistance level at 1.3330.
Resistance level: 1.3330, 1.3415
Support level: 1.3280, 1.3175