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USD CAD Technical Analysis March 13, 2023

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USD CAD Technical Analysis March 13, 2023

The USD rose 0.02% against the CAD on Friday and closed at 1.3826. Today in the European session, while USD CAD Technical Analysis March 13, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3745, which is 0.60% lower than CAD from yesterday’s close.

The pair is expected to find support at 1.3715 and a fall-through could take it to the next support level of 1.3665 The pair is expected to find its first resistance at 1.3800, and a rise-through could take it to the next resistance level of 1.3845. Today’s expected trading range is between 1.3640 support and 1.3860 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.3715
Support 2: 1.3665
Support 3: 1.3640

Important resistance levels:

Resistance 1: 1.3800
Resistance 2: 1.3845
Resistance 3: 1.3860

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