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250221 USDCAD-Noon

by | Feb 25, 2021 | USD/CAD | 0 comments

GCMAsia-USDCAD
USDCAD
USDCAD
2021-02-25

USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level at 1.2615. However, MACD which illustrated increasing bearish momentum suggest the pair to extend its losses toward support level at 1.2460.

 

Resistance level: 1.2615, 1.2720

Support level: 1.2460, 1.2300