USD CAD Technical Analysis April 23, 2019

USD CAD Technical Analysis: The USD declined 0.29% against the CAD on Monday and closed at 1.3343. Today in European session while USD CAD technical analysis April 23, 2019 is preparing at at 9:15 GMT, the USD/CAD trading at 1.3365, which is 0.16% higher against CAD from yesterday’s close.

The pair is expected to find the support at 1.3322 and a fall through could take it to the next support level of 1.3300. The pair is expected to find its first resistance at 1.3377, and a rise through could take it to the next resistance level of 1.3411. For today the expected trading range is between 1.3222, Support and 1.3411 Resistance.

The expected trend for today is Bullish

Supports Levels: Support 1: 1.3322 Support 2: 1.3300 Support 3: 1.3266
Resistance Levels: Resistance 1: 1.3377 Resistance 2: 1.3411 Resistance 3: 1.3433

USD/CAD Buying Opportunity for Intraday Trading April 23, 2019

Buy near the support area 1.3322 and 1.3300 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 23, 2019

Sell near the resistance area 1.3377 and 1.3411 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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