GCMAsia - USDCAD

USDCAD
2021-02-19

USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level at 1.2685. MACD which illustrate diminishing bullish momentum signal suggest the pair to extend its losses toward the support level at 1.2610.
Resistance level: 1.2685, 1.2740
Support level: 1.2610, 1.2545