GCMAsia - USDCAD

USDCAD
2019-11-08

USDCAD, H4: USDCAD remain traded in a sideway channel following recent retracement from the resistance level 1.3185. However, MACD which display bearish momentum signal with the formation of death cross suggest the pair to extend its losses towards the support level 1.3135.
Resistance level: 1.3185, 1.3235
Support level: 1.3135, 1.3065