GCMAsia-USDCAD

USDCAD
2020-06-09

USDCAD, H1: USDCAD was traded lower following prior breakout below the previous support level at 1.3470. However, MACD which illustrated increasing bullish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.3470, 1.3585
Support level: 1.3310, 1.3205