USD CAD Technical Analysis April 22, 2019

USD CAD Technical Analysis: The USD rose 0.08% against the CAD on Friday and closed at 1.3384. Today in European session while USD CAD technical analysis April 22, 2019 is preparing at at 9:15 GMT, the USD/CAD trading at 1.3360, which is 0.17% lower against CAD from yesterday’s close.

The pair is expected to find the support at 1.3351 and a fall through could take it to the next support level of 1.3338. The pair is expected to find its first resistance at 1.3397, and a rise through could take it to the next resistance level of 1.3410. For today the expected trading range is between 1.3285, Support and 1.3426 Resistance.

The expected trend for today is Bearish

Supports Levels: Support 1: 1.3368 Support 2: 1.3351 Support 3: 1.3338
Resistance Levels: Resistance 1: 1.3397 Resistance 2: 1.3410 Resistance 3: 1.3427

USD/CAD Buying Opportunity for Intraday Trading April 22, 2019

Buy near the support area 1.3351 and 1.3338 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 22, 2019

Sell near the resistance area 1.3397 and 1.3410 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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