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USD CAD Technical Analysis April 24, 2023

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USD CAD Technical Analysis April 24, 2023

The USD rose 0.46% against the CAD on Friday and closed at 1.3539. Today in the European session, while USD CAD Technical Analysis April 24, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3535, which is 0.03% lower than CAD from yesterday’s close.

The pair is expected to find support at 1.3515 and a fall-through could take it to the next support level of 1.3485 The pair is expected to find its first resistance at 1.3565, and a rise-through could take it to the next resistance level of 1.3580. Today’s expected trading range is between 1.3450 support and 1.3630 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.3515
Support 2: 1.3485
Support 3: 1.3450

Important resistance levels:

Resistance 1: 1.3565
Resistance 2: 1.3580
Resistance 3: 1.3630

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