GCMAsia - USDCAD

USDCAD
2020-09-24

USDCAD, H4: USDCAD was traded higher following prior breakout above the previous resistance level 1.3330. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to be traded lower as a short term technical correction towards the current support level 1.3330.
Resistance level: 1.3455, 1.3635
Support level: 1.3330, 1.3230