USD CAD Technical Analysis April 15, 2019

USD CAD Technical Analysis: The USD declined 0.43% against the CAD on Friday and closed at 1.3325. Today in European session while USD CAD technical analysis April 15, 2019 is preparing at at 9:15 GMT, the USD/CAD trading at 1.3333, which is 0.06% higher against CAD from yesterday’s close.

The pair is expected to find the support at 1.3297 and a fall through could take it to the next support level of 1.3268. The pair is expected to find its first resistance at 1.3370, and a rise through could take it to the next resistance level of 1.3412. For today the expected trading range is between 1.3297, Support and 1.3370 Resistance.

The expected trend for today is Bearish

Supports Levels: Support 1: 1.3297 Support 2: 1.3268 Support 3: 1.3225
Resistance Levels: Resistance 1: 1.3370 Resistance 2: 1.3412 Resistance 3: 1.3412

USD/CAD Buying Opportunity for Intraday Trading April 15, 2019

Buy near the support area 1.3297 and 1.3268 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 15, 2019

Sell near the resistance area 1.3370 and 1.3412 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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