GCMAsia - USDCAD

USDCAD
2019-04-15

USDCAD, H4: USDCAD remain traded in a sideway channel following recent breakout below the previous support level 1.3365. Due to lack of clear signal from MACD, a breakout above the nearest resistance level or support level is required to attain further confirmation before entering the market.
Resistance level: 1.3365, 1.3460
Support level: 1.3295, 1.3220