The Analytical Overview Of The Main Currency Pairs - Tuesday, Apr. 27

Trading recommendations

  • Support levels: 1.2379, 1.2280
  • Resistance levels: 1.2431, 1.2488, 1.2519, 1.2574

The trend is your friend. So the best strategy to work on the USD/ CAD currency pair is looking to sell from resistance levels.

Alternative scenario: if the price breaks out and holds above 1.2509, a local up-trend might be formed for at least a week.

(Click on image to enlarge)


News feed for 2021.04.27:

  • – BoC's Macklem speech at 23:00 (GMT+3).
1 2 3
View single page >> |

Disclosure: This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.