USD CAD Technical Analysis April 21, 2023
The USD rose 0.16% against the CAD on Thursday and closed at 1.3476. Today in the European session, while USD CAD Technical Analysis April 21, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3528, which is 0.38% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3490 and a fall-through could take it to the next support level of 1.3450 The pair is expected to find its first resistance at 1.3535, and a rise-through could take it to the next resistance level of 1.3550. Today’s expected trading range is between 1.3420 support and 1.3600 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3490
Support 2: 1.3450
Support 3: 1.3420
Important resistance levels:
Resistance 1: 1.3535
Resistance 2: 1.3550
Resistance 3: 1.3600
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