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USD CAD Technical Analysis June 23, 2023

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USD CAD Technical Analysis June 23, 2023

The USD declined 0.11% against the CAD on Thursday and closed at 1.3150. Today in the European session, while USD CAD Technical Analysis June 23, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3208, which is 0.44% higher than CAD from yesterday’s close.

The pair is expected to find support at 1.3175 and a fall-through could take it to the next support level of 1.3140 The pair is expected to find its first resistance at 1.3210, and a rise-through could take it to the next resistance level of 1.3240. Today’s expected trading range is between 1.3100 support and 1.3265 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.3175
Support 2: 1.3140
Support 3: 1.3100

Important resistance levels:

Resistance 1: 1.3210
Resistance 2: 1.3240
Resistance 3: 1.3265

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