GCMAsia-USDCAD

USDCAD
2021-04-12

USDCAD, H4: USDCAD remain traded in a sideway channel following recent rebound from the support level 1.2515. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to extend its rebound in short term towards the resistance level 1.2640.
Resistance level: 1.2640, 1.2745
Support level: 1.2515, 1.2380