GCMAsia-USDCAD

USDCAD
2020-01-22

USDCAD, H4: USDCAD remain traded in a sideway channel while currently testing the resistance level 1.3070. MACD which illustrate bullish momentum signal with the formation of golden cross suggest the pair to be traded higher after it breaks above the resistance level.
Resistance level: 1.3070, 1.3125
Support level: 1.3010, 1.2945