USD CAD Technical Analysis July 30, 2021
The USD declined 0.61% against the CAD on Thursday and closed at 1.2445. Today in the Asian session, while USD CAD Technical Analysis July 30, 2021 is preparing at 4:15 GMT, the USD/CAD trading at 1.2442, which is 0.03% lower against CAD from yesterday’s close.
The pair is expected to find the support at 1.2430 and a fall through could take it to the next support level of 1.2400. The pair is expected to find its first resistance at 1.2470, and a rise through could take it to the next resistance level of 1.2500. Today’s expected trading range is between 1.2370 support and 1.2530 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.2430
Support 2: 1.2400
Support 3: 1.2370
Important resistance levels:
Resistance 1: 1.2470
Resistance 2: 1.2500
Resistance 3: 1.2530