GCMAsia - USDCAD

USDCAD
2019-04-11

USDCAD, H4: USDCAD remain traded in a sideway channel following prior rebound from its low levels. MACD which illustrate bullish momentum signal with the formation of golden cross suggest the pair to extend its rebound towards the resistance level 1.3365.
Resistance level: 1.3365, 1.3460
Support level: 1.3295, 1.3220