83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

USDCAD, H4: USDCAD was traded lower following prior retrace from higher levels. MACD which illustrate diminished upward momentum suggests the pair to be traded lower after closing below 1.2720.

 

Resistance level: 1.2775, 1.2820

Support level: 1.2720, 1.2660