Easy trade set up for Intraday traders (USD/CAD)

FX:USDCAD   U.S. Dollar / Canadian Dollar
228 0 8
Major Intraday Support – 1.3390

Loonie has once again recovered sharply after declining slightly below 1.4000 level. It is currently trading around 1.34525.

The pair has also broken major trend line resistance around at 1.3445 ( trend line joining 1.35638 and 1.34996).

On the higher side, major resistance is around 1.3540 and any violation above targets 1.3600/1.3660 level.

Short term weakness can be seen below 1.3375 and any indicative break below targets 1.3320/1.3265.

Overall bullishness only above 1.3540.

It is good to buy on dips around 1.3440 with SL around 1.34000 for the TP of 1.3500/1.3530
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out