Daily overview for UsdCad
The price is finding the first support at 1.3438 and the next support is at 1.3413 The price is finding the first resistance at 1.3483 and the next resistance is at 1.3505 I predict price will be continued falling today. The first target is the level 1.3438 After fixing below the first target, then price will go to the level of 1.3413 will become the next one. we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
“--- Trading recommendations for trading : Open Sell ---“
According to the current scenario I would like to recommend you to keep an eye on support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable trading everyday !!