USD CAD Technical Analysis July 28, 2021
The USD rose 0.44% against the CAD on Tuesday and closed at 1.2600. Today in the Asian session, while USD CAD Technical Analysis July 28, 2021 is preparing at 4:15 GMT, the USD/CAD trading at 1.2670, which is 0.25% lower against CAD from yesterday’s close.
The pair is expected to find the support at 1.2560 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 1.2600, and a rise through could take it to the next resistance level of 1.2625. Today’s expected trading range is between 1.2500 support and 1.2650 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.2560
Support 2: 1.2525
Support 3: 1.2500
Important resistance levels:
Resistance 1: 1.2600
Resistance 2: 1.2625
Resistance 3: 1.2650