USD CAD Technical Analysis March 27, 2019
The USD declined 0.17% against the CAD on Tuesday and closed at 1.3382. Today in European session while USD CAD technical analysis March 27, 2019 is preparing at at 9:15 GMT, the USD/CAD trading at 1.3395, which is 0.09% higher against CAD from yesterday’s close.
The pair is expected to find the support at 1.3365 and a fall through could take it to the next support level of 1.3348. The pair is expected to find its first resistance at 1.3405, and a rise through could take it to the next resistance level of 1.3428. For today the expected trading range is between 1.3365, Support and 1.3428 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 1.3365 Support 2: 1.3348 Support 3: 1.3325
Resistance Levels: Resistance 1: 1.3405 Resistance 2: 1.3428 Resistance 3: 1.3445
USD/CAD Buying Opportunity for Intraday Trading March 27, 2019
Buy near the support area 1.3365 and 1.3348 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 27, 2019
Sell near the resistance area 1.3405 and 1.3428 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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