GCMAsia - USDCAD

USDCAD
2019-07-11

USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level 1.3105. MACD which display bearish bias signal with the formation of death cross suggest the pair to extend its losses towards the support level 1.3040.
Resistance level: 1.3105, 1.3160
Support level: 1.3040, 1.2970