"Hello dear (indian-forex) members of this great community,Today I want to share with you my intraday analysis of USD/CAD.
USD/CAD is Strong Sell according to four-hour chart. RSI(14)'s value is (47.195), STOCH(9,6)'s value is (36.758) and STOCHRSI(14)'s value is (4.287).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 1.3416
Support 1: 1.3397
Support 2: 1.3384
Support 3: 1.3365
Resistance 1: 1.3428
Resistance 2: 1.3448
Resistance 3: 1.346
According to the current scenario I would like to recommend you to keep an eye on the pivot point and take your trade according to the support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable day ahead!![]()
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