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USD CAD Technical Analysis February 13, 2023

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USD CAD Technical Analysis February 13, 2023

The USD declined 0.81% against the CAD on Friday and closed at 1.3342. Today in the European session, while USD CAD Technical Analysis February 13, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3336, which is 0.05% lower than CAD from yesterday’s close.

The pair is expected to find support at 1.3300 and a fall-through could take it to the next support level of 1.3265 The pair is expected to find its first resistance at 1.3380, and a rise-through could take it to the next resistance level of 1.3415. Today’s expected trading range is between 1.3230 support and 1.3470 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.3300
Support 2: 1.3265
Support 3: 1.3230

Important resistance levels:

Resistance 1: 1.3380
Resistance 2: 1.3415
Resistance 3: 1.3470

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