GCMAsia-USDCAD

USDCAD
2021-03-08

USDCAD, H4: USDCAD was traded lower following prior retracement from the resistance level at 1.2720. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses toward support level at 1.2615.
Resistance level: 1.2720, 1.2785
Support level: 1.2615, 1.2560