GCMAsia - USDCAD

USDCAD
2021-03-25

USDCAD, H4: USDCAD was traded higher following prior rebound from the support level at 1.2560. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to undergo technical correction in short term.
Resistance level: 1.2610, 1.2685
Support level: 1.2560, 1.2485