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200519 USDCAD-Noon

by | May 20, 2019 | USD/CAD | 0 comments

GCMAsia - USDCAD
USDCAD
USDCAD
2019-05-20

USDCAD, H4: USDCAD remain traded in a sideway channel while currently testing near the support level 1.3405. However, MACD which illustrate bearish bias signal with the formation of death cross suggest the pair to be traded lower after it breaks below the support level 1.3415.

 

Resistance level: 1.3475, 1.3520

Support level: 1.3415, 1.3380