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210120 USDCAD

by | Jan 21, 2020 | USD/CAD | 0 comments

GCMAsia-USDCAD
USDCAD
USDCAD
2020-01-21

USDCAD, H4: USDCAD remain traded in a sideway channel following prior retracement from the resistance level 1.3070. MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend its retracement in short term towards the support level 1.3010.

 

Resistance level: 1.3070, 1.3125

Support level: 1.3010, 1.2945