GCMAsia - USDCAD

USDCAD
2020-02-12

USDCAD, H4: USDCAD remain traded in a sideway channel following recent retracement from the resistance level 1.3320. However, MACD which illustrate bearish bias signal suggest the pair to be traded lower after it breaks below the support level 1.3260.
Resistance level: 1.3320, 1.3385
Support level: 1.3260, 1.3185