USD CAD Technical Analysis July 10, 2019

USD CAD Technical Analysis: The USD rose 0.22% against the CAD on Tuesday and closed at 1.3123. Today in European session while USD CAD technical Analysis July 10, 2019 is preparing at at 6:15 GMT, the USD/CAD trading at 1.3130, which is 0.05% higher against CAD from yesterday’s close.

The pair is expected to find the support at 1.3095 and a fall through could take it to the next support level of 1.3065. The pair is expected to find its first resistance at 1.3147, and a rise through could take it to the next resistance level of 1.3170. For today the expected trading range is between 1.3095, Support and 1.3170 Resistance.

The expected trend for today is Bullish

Supports Levels: Support 1: 1.3095 Support 2: 1.3065 Support 3: 1.3042
Resistance Levels: Resistance 1: 1.3147 Resistance 2: 1.3170 Resistance 3: 1.3200

USD/CAD Buying Opportunity for Intraday Trading July 10, 2019

Buy near the support area 1.3095 and 1.3065 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 July 10, 2019

Sell near the resistance area 1.3147 and 1.3170 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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