GCMAsia - USDCAD

USDCAD
2019-07-17

USDCAD, H1: USDCAD was traded lower following prior retracement from the resistance level at 1.3095. MACD which display diminishing bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 1.3050.
Resistance level: 1.3095, 1.3135
Support level: 1.3050, 1.2990