GCMAsia-USDCAD

USDCAD
2021-03-16

USDCAD, H4: USDCAD was traded lower while currently testing the support level at 1.2470. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.2560, 1.2605
Support level: 1.2470, 1.2395