GCMAsia-USDCAD

USDCAD
2020-07-23

USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level at 1.3500. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.3500, 1.3665
Support level: 1.3345, 1.3205