USD CAD Technical Analysis April 10, 2019
The USD rose 0.12% against the CAD on Tuesday and closed at 1.3327. Today in European session while USD CAD technical analysis April 10, 2019 is preparing at at 9:15 GMT, the USD/CAD trading at 1.3320, which is 0.05% lower against CAD from yesterday’s close.
The pair is expected to find the support at 1.3300 and a fall through could take it to the next support level of 1.3265. The pair is expected to find its first resistance at 1.3345, and a rise through could take it to the next resistance level of 1.3360. For today the expected trading range is between 1.3365, Support and 1.3360 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 1.3333 Support 2: 1.3265 Support 3: 1.3250
Resistance Levels: Resistance 1: 1.3345 Resistance 2: 1.3360 Resistance 3: 1.3390
USD/CAD Buying Opportunity for Intraday Trading April 10, 2019
Buy near the support area 1.3333 and 1.3265 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.
USD/CAD Selling Opportunity for Intraday Trading April 10, 2019
Sell near the resistance area 1.3345 and 1.3360 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.
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