USD CAD Technical Analysis April 24, 2019

USD CAD Technical Analysis: The USD rose 0.58% against the CAD on Tuesday and closed at 1.3421. Today in European session while USD CAD technical analysis April 24, 2019 is preparing at at 9:15 GMT, the USD/CAD trading at 1.3365, which is 0.41% lower against CAD from yesterday’s close.

The pair is expected to find the support at 1.3361 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 1.3461, and a rise through could take it to the next resistance level of 1.3500. For today the expected trading range is between 1.3300, Support and 1.3500 Resistance.

The expected trend for today is Bullish

Supports Levels: Support 1: 1.3361 Support 2: 1.3300 Support 3: 1.3261
Resistance Levels: Resistance 1: 1.3461 Resistance 2: 1.3500 Resistance 3: 1.3561

USD/CAD Buying Opportunity for Intraday Trading April 24, 2019

Buy near the support area 1.3361 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 24, 2019

Sell near the resistance area 1.3461 and 1.3500 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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