GCMAsia - USDCAD

USDCAD
2019-05-14

USDCAD, H4: USDCAD remained traded in a sideway channel while currently testing near the top level of the channel at 1.3485. However, MACD which illustrate diminishing bullish momentum suggest the pair to retrace from the resistance level towards the support level at 1.3435.
Resistance level: 1.3485, 1.3530
Support level: 1.3435, 1.3380