GCMAsia - USDCAD

USDCAD
2020-11-09

USDCAD, H4: USDCAD was traded lower while currently testing the support level 1.2995. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to be traded higher as a short term technical correction towards the resistance level 1.3105.
Resistance level: 1.3105, 1.3240
Support level: 1.2995, 1.2890