USD CAD Technical Analysis October 22, 2018
The USD rose 0.12% against the CAD on Friday and closed at 1.3101. Today in European session while USD CAD technical analysis October 22, 2018 is preparing at at 10:45 GMT, the USD/CAD trading at 1.3085, which is 0.12% lower against CAD from yesterday’s close.
USD CAD technical analysis 22 October 2018
The pair is expected to find the support at 1.3042 and a fall through could take it to the next support level of 1.2982. The pair is expected to find its first resistance at 1.3146, and a rise through could take it to the next resistance level of 1.3190. For today the expected trading range is between 1.3042, Support and 1.3146 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 1.3042 Support 2: 1.2982 Support 3: 1.2937
Resistance Levels: Resistance 1: 1.3146 Resistance 2: 1.3190 Resistance 3: 1.3250
USD/CAD Buying Opportunity for Intraday Trading October 22, 2018
Buy near the support area 1.3042 and 1.2982 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 October 22, 2018
Sell near the resistance area 1.3146 and 1.3190 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.
EUR/USD Technical Analysis October 22, 2018
GBP/USD Technical Analysis October 22, 2018
USD/JPY Technical Analysis October 22, 2018