GCMAsia-USDCAD

USDCAD
2021-01-12

USDCAD, H4: USDCAD was traded lower following prior retracement from the resistance level 1.2795. MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a technical correction towards the support level 1.2640.
Resistance level: 1.2795, 1.2955
Support level: 1.2640, 1.2535