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USD CAD Technical Analysis July 27, 2021

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USD CAD Technical Analysis July 27, 2021

The USD declined 0.09% against the CAD on Monday and closed at 1.2546. Today in the Asian session, while USD CAD technical Analysis July 27, 2021 is preparing at at 4:15 GMT, the USD/CAD trading at 1.2582, which is 0.29% higher against CAD from yesterday’s close.

The pair is expected to find the support at 1.2540 and a fall through could take it to the next support level of 1.2525. The pair is expected to find its first resistance at 1.2590, and a rise through could take it to the next resistance level of 1.2605. Today’s expected trading range is between 1.2500, support and 1.2640 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.2540
Support 2: 1.2525
Support 3: 1.2500

Important resistance levels:

Resistance 1: 1.2590
Resistance 2: 1.2605
Resistance 3: 1.2640

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