GCMAsia - USDCAD

USDCAD
2019-07-12

USDCAD, H4: USDCAD remained traded in a sideway channel while currently testing the support level 1.3050. MACD which display diminishing bearish momentum suggest the pair to undergo short-term technical correction and rebound towards the resistance level 1.3110.
Resistance level: 1.3110, 1.3160
Support level: 1.3050, 1.2985