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090119 USDCAD

by | Jan 9, 2019 | USD/CAD | 0 comments

GCMAsia - USDCAD
USDCAD
USDCAD
2019-01-09
Resistance and Support Level Explanation
Resistance 1.3280 H4
Support 1.3190 H4

USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level at 1.3280. However, MACD which illustrate diminishing bearish momentum suggest the pair to extend its losses toward the support level at 1.3190.
Resistance level: 1.3280, 1.3325

Support level: 1.3190, 1.3140