GCMAsia-USDCAD

USDCAD
2020-08-19

USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level at 1.3235. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.3235, 1.3315
Support level: 1.3110, 1.3010