GCMAsia-USDCAD

USDCAD
2020-10-28

USDCAD, H4: USDCAD was traded higher following prior rebound from the support level at 1.3155. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.3205, 1.3255
Support level: 1.3155, 1.3080