USD CAD Technical Analysis December 22, 2022
The USD rose 0.05% against the CAD on Wednesday and closed at 1.3613. Today in the European session, while USD CAD Technical Analysis December 22, 2022, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3619, which is 0.04% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3570 and a fall through could take it to the next support level of 1.3555 The pair is expected to find its first resistance at 1.3635, and a rise through could take it to the next resistance level of 1.3655. Today’s expected trading range is between 1.3520 support and 1.3700 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3570
Support 2: 1.3555
Support 3: 1.3520
Important resistance levels:
Resistance 1: 1.3635
Resistance 2: 1.3655
Resistance 3: 1.3700
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