GCMAsia - USDCAD

USDCAD
2019-10-25

USDCAD, Daily: USDCAD was traded lower following prior breakout below the previous support level at 1.3085. However, MACD which illustrate diminishing bearish momentum suggest the pair to undergo short term technical correction toward the resistance level at 1.3085.
Resistance level: 1.3085, 1.3145
Support level: 1.3020, 1.2905