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170419 USDCAD

by | Apr 17, 2019 | USD/CAD | 0 comments

GCMAsia - USDCAD
USDCAD
USDCAD
2019-04-17

USDCAD, H4: USDCAD was traded higher following prior rebound from the support level 1.3355. However, MACD which illustrate bearish bias signal and the formation death cross suggest the pair to undergo short-term technical correction and traded lower back towards the support level 1.3355.

 

Resistance level: 1.3400, 1.3440

Support level: 1.3355, 1.3295