GCMAsia - USDCAD
USDCAD
2019-07-15
USDCAD, H4: USDCAD was traded lower following prior breakout below the previous channel bottom level at 1.3050. However, MACD which display diminishing bearish momentum suggest the pair to undergo short term technical correction toward the resistance level at 1.3050.
Resistance level: 1.3050, 1.3095
Support level: 1.2990, 1.2900