USD CAD Technical Analysis 25 May 2022
The USD rose 0.39% against the CAD on Tuesday and closed at 1.2817. Today in the Asian session, while USD CAD Technical Analysis 25 May 2022, is preparing at 5:15 GMT, the USD/CAD is trading at 1.2835, which is 0.14% higher than CAD from yesterday’s close.
The pair is expected to find the support at 1.2780 and a fall through could take it to the next support level of 1.2765. The pair is expected to find its first resistance at 1.2870, and a rise through could take it to the next resistance level of 1.2892. Today’s expected trading range is between 1.2720 support and 1.2900 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.2780
Support 2: 1.2765
Support 3: 1.2720
Important resistance levels:
Resistance 1: 1.2870
Resistance 2: 1.2892
Resistance 3: 1.2900
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