USD CAD Technical Analysis October 24, 2018
The USD declined 0.12% against the CAD on Tuesday and closed at 1.3082. Today in European session while USD CAD technical analysis October 24, 2018 is preparing at at 9:45 GMT, the USD/CAD trading at 1.3080, which is 0.02% lower against CAD from yesterday’s close.
The pair is expected to find the support at 1.3065 and a fall through could take it to the next support level of 1.3047. The pair is expected to find its first resistance at 1.3111, and a rise through could take it to the next resistance level of 1.3140. For today the expected trading range is between 1.3047, Support and 1.3140 Resistance.
The expected trend for today is Bearish
Supports Levels: Support 1: 1.3065 Support 2: 1.3047 Support 3: 1.3018
Resistance Levels: Resistance 1: 1.3111 Resistance 2: 1.3140 Resistance 3: 1.3157
USD/CAD Buying Opportunity for Intraday Trading October 24, 2018
Buy near the support area 1.3065 and 1.3047 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 24, 2018
Sell near the resistance area 1.3111 and 1.3140 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 24, 2018
GBP/USD Technical Analysis October 24, 2018
USD/JPY Technical Analysis October 24, 2018