USD CAD Technical Analysis July 19, 2021
The USD rose 0.21% against the CAD on Friday and closed at 1.2617. Today in the Asian session, while USD CAD technical Analysis July 19, 2021 is preparing at at 4:15 GMT, the USD/CAD trading at 1.2700, which is 0.67% higher against CAD from yesterday’s close.
The pair is expected to find the support at 1.2600 and a fall through could take it to the next support level of 1.2580. The pair is expected to find its first resistance at 1.2700, and a rise through could take it to the next resistance level of 1.2730. Today’s expected trading range is between 1.2560, support and 1.2800 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.2600
Support 2: 1.2580
Support 3: 1.2560
Important resistance levels:
Resistance 1: 1.2700
Resistance 2: 1.2730
Resistance 3: 1.2800