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At daily time frame yesterday once again bulls were entered in the market and they change the direction of the market so now once again we have a opportunity to buy it. it will touch the level of 1.3165 enter in the market with confirmation there are too much zones at these levels
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USD/CAD today's technical analysis is Bearish.
1. Resistance Level: 1.3128
2. Resistance Level:1.3171
3. Resistance Level: 1.3239
1. Supporting Level: 1.3016
2. Supporting Level: 1.2948
3. Supporting Level: 1.2905
Today USD/CAD pair Trend :
I analysis the USD/CAD and i find these trading points for trading. For your safe and profitable trading I share these prices for selling or buying the USD/CAD. Trading recommendations: Buy : 1.3080 Take profit: 1.3070 Buy 1.3130 Take profit: 1.3180 Sell: 1.3170 Take profit: 1.3110 Sell: 1.3100 Take profit: 1.3030.
=============TODAY'S TECHNICAL LEVEL OF USD-CAD ============
Resistance. 1: 1.2870. Resistance. 2: 1.2930. Resistance. 3: 1.2960.
Support. 1: 1.2810. Support. 2: 1.2770. Support. 3: 1.2740.
============USD-CAD PAIR MARKET OVER ALL TREND IS SELL ==============
Forex Forecast with price level.
USD/CAD - pair in focus.
Current Price - 1.3071
main support level - 1.3026
main resistance level - 1.3113
Pair likely to be in Sell today.
Usd/Cad pair trend in selling and pair now trading below 1.3030 and pair no more chances to trade above 1.3100 and 1.3150 i recommend for sell the Usd/Cad on prices above 1.3040, 1.3070 and 1.3100 with adjustment the take profit on prices below 1.2960, 1.2920 and 1.2880 and adjust the stop loss on 1.3090 to 1.3120.
Time Frame - 4 Hour
Currency pair - USD/CAD
Buy @ - 1.3073
Stop Loss - 1.3051
Take Profit - 1.3096
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1.3058
This currency name - USD/CAD
Resitance and Target - 1.3169
Support and Stop Loss - 1.2947
Always follow Long time frame market trend.
Signal is Sell.
Spoiler:
UsdCad bearish trend can continue , now current price at 1.3025 and strong resistent at level 1.3045 in hourly time frame. there is possible chance UsdCad price will move to down side. then next low price is 1.2975
I suggest to entry sell with stoploss at 1.3060 and take profit at 1.2975
The USDCAD pair continues to rise to gradually approach the key resistance that declines now to 1.3145, and as we mentioned in our recent reports, the price needs to breach one of the key levels represented by the mentioned resistance and 1.3030 support to detect its next targets clearly, which keeps our neutrality valid until now.
Note that breaching the mentioned resistance will provide strong positive motive that supports the chances of achieving gains that reach 1.3382 mainly, while breaking the support is considered as breaking to the medium term bullish trend line, to put the price under negative pressure that its main targets begin by testing 1.2923 level.
Expected trading range for today is between 1.3000 support and 1.3180 resistance