give instructions to make a trade. On the one-hour chart, immediate resistance is seen.3445, which coincides withthe double top. According to the previous forex order types events, the USD/CAD pair is still moving between the levels.3371 and.3445; for that we expect a range of 74 pips (1.3445 -.3371). As we can see in the H4 chart, usdcad is testing the support level and forming Hammer, Doji, and Inverted Hammer reversal patterns. As we can see in the H4 chart, audusd is still trading close to the support level and forming Hammer and Harami reversal patterns. Currently, the price is moving in a bullish channel. Today, the first support level is seen.3371 followed.3322, while daily resistance 1 is seen.3445. Audusd, Australian Dollar vs US Dollar. Being an InstaForex client, you are provided with a large number of free services for efficient trading). Judging by the previous movements, it may be assumed that the instrument may finish the correction and then resume its descending movement.
CAD - Live Rate, Forecast, News and Japanese Candlesticks, analysis usdcad, audusd) - RoboForex Technical analysis of, uSD / CAD for March 27, 2019
Judging by the previous movements, right now it may be assumed that after testing the level the instrument may start a new growth. Overview: The USD/CAD pair continues to move upwards from the level.3371. Company does not offer investment advice and the analysis performed does not guarantee results. It would also be wise to consider where to place stop loss; this should be set below the second support.3322. This is confirmed by the RSI indicator signaling that we are still in a bullish trending market. The price is still above the moving average (100 Therefore, if the trend is able to break out through the first resistance level.3445, we should see the pair climbing towards the daily resistance.3504 to test.