USD CAD Technical Analysis October 31, 2018
The USD declined 0.13% against the CAD on Tuesday and closed at 1.3110. Today in European session while USD CAD technical analysis October 31, 2018 is preparing at at 10:45 GMT, the USD/CAD trading at 1.3130, which is 0.15% higher against CAD from yesterday’s close.
The pair is expected to find the support at 1.3090 and a fall through could take it to the next support level of 1.3072. The pair is expected to find its first resistance at 1.3138, and a rise through could take it to the next resistance level of 1.3165. For today the expected trading range is between 1.3090, Support and 1.3157 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 1.3090 Support 2: 1.3072 Support 3: 1.3045
Resistance Levels: Resistance 1: 1.3138 Resistance 2: 1.3165 Resistance 3: 1.3184
USD/CAD Buying Opportunity for Intraday Trading October 31, 2018
Buy near the support area 1.3090 and 1.3072 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 31, 2018
Sell near the resistance area 1.3138 and 1.3165 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 31, 2018
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