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USD CAD Technical Analysis July 21, 2021

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USD CAD Technical Analysis July 21, 2021

The USD declined 0.51% against the CAD on Tuesday and closed at 1.2680. Today in the Asian session, while USD CAD technical Analysis July 21, 2021 is preparing at at 4:15 GMT, the USD/CAD trading at 1.2685, which is 0.03% higher against CAD from yesterday’s close.

The pair is expected to find the support at 1.2635 and a fall through could take it to the next support level of 1.2610. The pair is expected to find its first resistance at 1.2800, and a rise through could take it to the next resistance level of 1.2830. 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: 1.2635
Support 2: 1.2610
Support 3: 1.2560

Important resistance levels:

Resistance 1: 1.2735
Resistance 2: 1.2750
Resistance 3: 1.2800

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