USD CAD Technical Analysis January 10, 2023
The USD declined 0.39% against the CAD on Monday and closed at 1.3389. Today in the European session, while USD CAD Technical Analysis January 10, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3387, which is 0.01% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3360 and a fall-through could take it to the next support level of 1.3320 The pair is expected to find its first resistance at 1.3407, and a rise through could take it to the next resistance level of 1.3430. Today’s expected trading range is between 1.3230 support and 1.3470 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3360
Support 2: 1.3320
Support 3: 1.3230
Important resistance levels:
Resistance 1: 1.3407
Resistance 2: 1.3430
Resistance 3: 1.3470
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