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200220 USDCAD-Noon

by | Feb 20, 2020 | USD/CAD | 0 comments

GCMAsia - USDCAD
USDCAD
USDCAD
2020-02-20

USDCAD, H4: USDCAD was traded lower following prior retracement from the resistance level 1.3250. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to experience a short term technical correction towards the resistance level 1.3250.

 

Resistance level: 1.3250, 1.3325

Support level: 1.3170, 1.3095