USD CAD Technical Analysis January 18, 2023
The USD declined 0.11% against the CAD on Tuesday and closed at 1.3390. Today in the European session, while USD CAD Technical Analysis January 18, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3371, which is 0.14% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3352 and a fall-through could take it to the next support level of 1.3322 The pair is expected to find its first resistance at 1.3395, and a rise-through could take it to the next resistance level of 1.3410. Today’s expected trading range is between 1.3290 support and 1.3435 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3352
Support 2: 1.3322
Support 3: 1.3290
Important resistance levels:
Resistance 1: 1.3395
Resistance 2: 1.3410
Resistance 3: 1.3435
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