USD CAD Technical Analysis June 13, 2023
The USD rose 0.18% against the CAD on Monday and closed at 1.3364. Today in the European session, while USD CAD Technical Analysis June 13, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3343, which is 0.15% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3325 and a fall-through could take it to the next support level of 1.3315 The pair is expected to find its first resistance at 1.3380, and a rise-through could take it to the next resistance level of 1.3400. Today’s expected trading range is between 1.3300 support and 1.3425 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3325
Support 2: 1.3315
Support 3: 1.3300
Important resistance levels:
Resistance 1: 1.3380
Resistance 2: 1.3400
Resistance 3: 1.3425
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