GCMAsia-USDCAD

USDCAD
2021-04-22

USDCAD, H4: USDCAD was traded higher following prior rebound from the support level at 1.2460. However, MACD which illustrated increasing bearish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2535, 1.2615
Support level: 1.2460, 1.2395