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USD CAD Technical Analysis April 11, 2023

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USD CAD Technical Analysis April 11, 2023

The USD declined 0.06% against the CAD on Monday and closed at 1.3507. Today in the European session, while USD CAD Technical Analysis April 11, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3503, which is 0.03% lower than CAD from yesterday’s close.

The pair is expected to find support at 1.3480 and a fall-through could take it to the next support level of 1.3460 The pair is expected to find its first resistance at 1.3515, and a rise-through could take it to the next resistance level of 1.3560. Today’s expected trading range is between 1.3425 support and 1.3590 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.3480
Support 2: 1.3460
Support 3: 1.3425

Important resistance levels:

Resistance 1: 1.3515
Resistance 2: 1.3560
Resistance 3: 1.3590

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