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USD CAD Technical Analysis April 5, 2023

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USD CAD Technical Analysis April 5, 2023

The USD rose 0.10% against the CAD on Tuesday and closed at 1.3445. Today in the European session, while USD CAD Technical Analysis April 5, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3444, which is 0.01% lower than CAD from yesterday’s close.

The pair is expected to find support at 1.3425 and a fall-through could take it to the next support level of 1.3410 The pair is expected to find its first resistance at 1.3480, and a rise-through could take it to the next resistance level of 1.3500. Today’s expected trading range is between 1.3350 support and 1.3535 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.3425
Support 2: 1.3410
Support 3: 1.3350

Important resistance levels:

Resistance 1: 1.3480
Resistance 2: 1.3500
Resistance 3: 1.3535

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