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USD CAD Technical Analysis March 17, 2023

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USD CAD Technical Analysis March 17, 2023

The USD declined 0.31% against the CAD on Thursday and closed at 1.3720. Today in the European session, while USD CAD Technical Analysis March 17, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3700, which is 0.12% lower than CAD from yesterday’s close.

The pair is expected to find support at 1.3680 and a fall-through could take it to the next support level of 1.3655 The pair is expected to find its first resistance at 1.3735, and a rise-through could take it to the next resistance level of 1.3785. Today’s expected trading range is between 1.3600 support and 1.3810 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.3680
Support 2: 1.3655
Support 3: 1.3600

Important resistance levels:

Resistance 1: 1.3735
Resistance 2: 1.3785
Resistance 3: 1.3810

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