GCMAsia - USDCAD

USDCAD
2019-01-24
| Resistance and Support | Level | Explanation |
| Resistance | 1.3420 | H4 |
| Support | 1.3325 | H4 |

USDCAD, H4: USDCAD was traded higher following prior breakout above previous resistance level 1.3325. However, MACD which display diminishing bullish momentum suggest the pair to undergo short-term technical correction and traded lower towards the support level 1.3325.
Resistance level: 1.3420, 1.3500
Support level: 1.3325, 1.3245