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)

USD/CAD

News feed for 2021.04.27:

  • – BoC's Macklem speech at 23:00 (GMT+3).
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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, ...

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