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230522 USDCAD-Noon

by | May 23, 2022 | USD/CAD | 0 comments

USDCAD, H4: USDCAD was traded lower following prior retracement from the resistance level. MACD which illustrated decreasing bullish momentum suggest the pair to extend its losses.

 

Resistance level: 1.2875, 1.2970

Support level: 1.2765, 1.2635