USD CAD Technical Analysis August 24, 2022
The USD declined 0.77% against the CAD on Tuesday and closed at 1.2956. Today in the European session, while USD CAD Technical Analysis August 24, 2022, is preparing at 5:00 GMT, the USD/CAD is trading at 1.2971, which is 0.12% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.2935 and a fall through could take it to the next support level of 1.2905 The pair is expected to find its first resistance at 1.2985, and a rise through could take it to the next resistance level of 1.3030. Today’s expected trading range is between 1.2880 support and 1.3060 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.2935
Support 2: 1.2905
Support 3: 1.2880
Important resistance levels:
Resistance 1: 1.2985
Resistance 2: 1.3030
Resistance 3: 1.3060
EUR/USD Technical Analysis August 24, 2022
GBP/USD Technical Analysis August 24, 2022
USD/JPY Technical Analysis August 24, 2022