USD CAD Technical Analysis March 15, 2019
The USD rose 0.24% against the CAD on Thursday and closed at 1.3330. Today in European session while USD CAD technical analysis March 15, 2019 is preparing at at 9:15 GMT, the USD/CAD trading at 1.3310, which is 0.15% lower against CAD from yesterday’s close.
The pair is expected to find the support at 1.3295 and a fall through could take it to the next support level of 1.3260. The pair is expected to find its first resistance at 1.3355, and a rise through could take it to the next resistance level of 1.3380. For today the expected trading range is between 1.3260, Support and 1.3355 Resistance.
The expected trend for today is Bearish
Supports Levels: Support 1: 1.3295 Support 2: 1.3260 Support 3: 1.3235
Resistance Levels: Resistance 1: 1.3355 Resistance 2: 1.3380 Resistance 3: 1.3415
USD/CAD Buying Opportunity for Intraday Trading March 15, 2019
Buy near the support area 1.3295 and 1.3260 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 March 15, 2019
Sell near the resistance area 1.3355 and 1.3380 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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