GCMAsia-USDCAD

USDCAD
2021-02-08

USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level at 1.2770. MACD which illustrate bearish bias momentum signal suggest the pair to be traded lower toward the support level at 1.2800.
Resistance level: 1.2770, 1.2800
Support level: 1.2685, 1.2610.