GCMAsia-USDCAD
USDCAD
2021-01-26
USDCAD, H4: USDCAD was traded higher following prior breakout above the previous resistance level at 1.2720. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2805, 1.2865
Support level: 1.2720, 1.2630