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USD CAD Technical Analysis January 25, 2023

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USD CAD Technical Analysis January 25, 2023

The USD rose 0.01% against the CAD on Tuesday and closed at 1.3368. Today in the European session, while USD CAD Technical Analysis January 25, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3377, which is 0.07% higher than CAD from yesterday’s close.

The pair is expected to find support at 1.3345 and a fall-through could take it to the next support level of 1.3325 The pair is expected to find its first resistance at 1.3405, and a rise-through could take it to the next resistance level of 1.3415. Today’s expected trading range is between 1.3235 support and 1.3450 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.3345
Support 2: 1.3325
Support 3: 1.3235

Important resistance levels:

Resistance 1: 1.3405
Resistance 2: 1.3415
Resistance 3: 1.3450

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