USD CAD Technical Analysis April 19, 2023
The USD rose 0.04% against the CAD on Tuesday and closed at 1.3388. Today in the European session, while USD CAD Technical Analysis April 19, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3430, which is 0.30% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3385 and a fall-through could take it to the next support level of 1.3360 The pair is expected to find its first resistance at 1.3445, and a rise-through could take it to the next resistance level of 1.3485. Today’s expected trading range is between 1.3305 support and 1.3510 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3385
Support 2: 1.3360
Support 3: 1.3305
Important resistance levels:
Resistance 1: 1.3445
Resistance 2: 1.3485
Resistance 3: 1.3510
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