GCMAsia - USDCAD

USDCAD
2019-08-21

USDCAD, H4: USDCAD was traded lower while currently testing the 20 moving average line (Red). MACD which illustrate bearish momentum and the formation of death cross suggests the pair to extend its losses after successfully breakout below the 20 moving average line (Red).
Resistance level: 1.3335, 1.3385
Support level: 1.3275, 1.3220