GCMAsia - USDCAD
USDCAD
2020-04-09
USDCAD, H4: USDCAD was traded lower following prior retracement from the 20 moving average line (red). However, MACD which illustrated diminishing bearish momentum and the formation of golden cross suggest the pair to undergo technical correction toward the higher level.
Resistance level: 1.4105, 1.4240
Support level: 1.3980, 1.3805