USD CAD Technical Analysis November 15, 2018
The USD rose 0.06% against the CAD on Wednesday and closed at 1.3240. Today in European session while USD CAD technical analysis November 15, 2018 is preparing at at 9:45 GMT, the USD/CAD trading at 1.3200, which is 0.30% lower against CAD from yesterday’s close.
The pair is expected to find the support at 1.3210 and a fall through could take it to the next support level of 1.3180. The pair is expected to find its first resistance at 1.3266, and a rise through could take it to the next resistance level of 1.3293. For today the expected trading range is between 1.3180, Support and 1.3293 Resistance.
The expected trend for today is Bearish
Supports Levels: Support 1: 1.3210 Support 2: 1.3180 Support 3: 1.3153
Resistance Levels: Resistance 1: 1.3266 Resistance 2: 1.3293 Resistance 3: 1.3323
USD/CAD Buying Opportunity for Intraday Trading November 15, 2018
Buy near the support area 1.3210 and 1.3180 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 15, 2018
Sell near the resistance area 1.3266 and 1.3293 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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