USD CAD Technical Analysis November 27, 2018
The USD rose 0.21% against the CAD on Monday and closed at 1.3252. Today in European session while USD CAD technical analysis November 27, 2018 is preparing at at 9:15 GMT, the USD/CAD trading at 1.3255, which is 0.02% higher against CAD from yesterday’s close.
The pair is expected to find the support at 1.3205 and a fall through could take it to the next support level of 1.3158. The pair is expected to find its first resistance at 1.3280, and a rise through could take it to the next resistance level of 1.3307. For today the expected trading range is between 1.3158, Support and 1.3353 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 1.3205 Support 2: 1.3158 Support 3: 1.3131
Resistance Levels: Resistance 1: 1.3280 Resistance 2: 1.3307 Resistance 3: 1.3353
USD/CAD Buying Opportunity for Intraday Trading November 27, 2018
Buy near the support area 1.3205 and 1.3158 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 November 27, 2018
Sell near the resistance area 1.3280 and 1.3307 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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