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USD CAD Technical Analysis December 13, 2022

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USD CAD Technical Analysis December 13, 2022

The USD rose 0.01% against the CAD on Monday and closed at 1.3634. Today in the European session, while USD CAD Technical Analysis December 13, 2022, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3628, which is 0.05% lower than CAD from yesterday’s close.

The pair is expected to find support at 1.3605 and a fall through could take it to the next support level of 1.3565 The pair is expected to find its first resistance at 1.3675, and a rise through could take it to the next resistance level of 1.3695. Today’s expected trading range is between 1.3520 support and 1.3750 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.3605
Support 2: 1.3565
Support 3: 1.3520

Important resistance levels:

Resistance 1: 1.3642
Resistance 2: 1.3680
Resistance 3: 1.3695

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