GCMAsia-USDCAD

USDCAD
2020-04-23

USDCAD, H4: USDCAD was traded higher following prior rebound from the support level at 1.4120. However, MACD which illustrated increasing bearish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.4250, 1.4445
Support level: 1.4120, 1.4005