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260520 USDCAD-Noon

by | May 26, 2020 | USD/CAD | 0 comments

GCMAsia - USDCAD
USDCAD
USDCAD
2020-05-26

USDCAD, H4: USDCAD was traded lower following prior retracement from the resistance level 1.4020. MACD which illustrate diminishing bullish momentum signal with the starting formation of death cross suggest the pair to extend its retracement towards the support level 1.3860.

 

Resistance level: 1.4020, 1.4140

Support level: 1.3865, 1.3685