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180520 USDCAD-Noon

by | May 18, 2020 | USD/CAD | 0 comments

GCMAsia-USDCAD
USDCAD
USDCAD
2020-05-18

USDCAD, H4: USDCAD was traded lower following prior retracement from its high level. MACD which illustrate bearish bias signal with the formation of death cross suggest the pair to extend its losses in short term towards the support level 1.3990.

 

Resistance level: 1.4135, 1.4265

Support level: 1.3990, 1.3860