GCMAsia-USDCAD

USDCAD
2021-03-08

USDCAD, H4: USDCAD remain traded in a sideway channel while currently trading near the support level 1.2610. However, MACD which illustrate bearish bias signal suggest the pair to be traded lower after it breaks below the support level.
Resistance level: 1.2745, 1.2865
Support level: 1.2610, 1.2475