USD CAD Technical Analysis April 11, 2019

USD CAD Technical Analysis: The USD declined 0.08% against the CAD on Wednesday and closed at 1.3316. Today in European session while USD CAD technical analysis April 11, 2019 is preparing at at 9:15 GMT, the USD/CAD trading at 1.3350, which is 0.25% higher against CAD from yesterday’s close.

The pair is expected to find the support at 1.3295 and a fall through could take it to the next support level of 1.3273. The pair is expected to find its first resistance at 1.3350, and a rise through could take it to the next resistance level of 1.3380. For today the expected trading range is between 1.3395, Support and 1.3380 Resistance.

The expected trend for today is Bullish

Supports Levels: Support 1: 1.3295 Support 2: 1.3273 Support 3: 1.3240
Resistance Levels: Resistance 1: 1.3350 Resistance 2: 1.3380 Resistance 3: 1.3400

USD/CAD Buying Opportunity for Intraday Trading April 11, 2019

Buy near the support area 1.3395 and 1.3273 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 11, 2019

Sell near the resistance area 1.3350 and 1.3380 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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