USD CAD Technical Analysis April 2, 2019
The USD declined 0.30% against the CAD on Monday and closed at 1.3305. Today in European session while USD CAD technical analysis April 2, 2019 is preparing at at 9:15 GMT, the USD/CAD trading at 1.3325, which is 0.15% higher against CAD from yesterday’s close.
The pair is expected to find the support at 1.3278 and a fall through could take it to the next support level of 1.3250. 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 1.3397. For today the expected trading range is between 1.3250, Support and 1.3397 Resistance.
The expected trend for today is Bearish
Supports Levels: Support 1: 1.3278 Support 2: 1.3250 Support 3: 1.3205
Resistance Levels: Resistance 1: 1.3350 Resistance 2: 1.3397 Resistance 3: 1.3423
USD/CAD Buying Opportunity for Intraday Trading April 2, 2019
Buy near the support area 1.3278 and 1.3250 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 2, 2019
Sell near the resistance area 1.3350 and 1.3397 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.
EUR/USD Technical Analysis April 2, 2019
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