USD CAD Technical Analysis 17 October 2019

USD CAD Technical Analysis: The USD rose 0.01% against the CAD on Wednesday and closed at 1.3198. Today in European session while USD CAD technical Analysis 17 October 2019 is preparing at at 7:15 GMT, the USD/CAD trading at 1.3200, which is 0.01% higher against CAD from yesterday’s close.

The pair is expected to find the support at 1.3177 and a fall through could take it to the next support level of 1.3155. The pair is expected to find its first resistance at 1.3227, and a rise through could take it to the next resistance level of 1.3255. For today the expected trading range is between 1.3155, Support and 1.3255 Resistance.

The expected trend for today is Bearish

Supports Levels: Support 1: 1.3177, Support 2: 1.3155, Support 3: 1.3127
Resistance Levels: Resistance 1: 1.3227, Resistance 2: 1.3255, Resistance 3: 1.3275

USD/CAD Buying Opportunity for Intraday Trading 17 October 2019

Buy near the support area 1.3177 and 1.3155 as soon as you get reversal candlesticks patterns using stop loss 2 pips below the low of reversal candlestick & keep target equal to stop loss.

USD/CAD Selling Opportunity for Intraday Trading 17 October 2019

Sell near the resistance area 1.3227 and 1.3255 as soon as you get reversal candlesticks patterns using stop loss 2 pips above the high of reversal candlestick & keep target equal to stop loss.

EUR/USD Technical Analysis 17 October 2019
GBP/USD Technical Analysis 17 October 2019
USD/JPY Technical Analysis 17 October 2019