GCMAsia - USDCAD
USDCAD
2019-05-16
USDCAD, H4: USDCAD remained traded in a sideway channel while currently testing the middle level of the channel at 1.3435. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses after breaking below the support level.
Resistance level: 1.3485, 1.3530
Support level: 1.3435, 1.3380