USD CAD Technical Analysis March 7, 2023
The USD rose 0.14% against the CAD on Monday and closed at 1.3611. Today in the European session, while USD CAD Technical Analysis March 7, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3632, which is 0.15% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3600 and a fall-through could take it to the next support level of 1.3585 The pair is expected to find its first resistance at 1.3632, and a rise-through could take it to the next resistance level of 1.3640. Today’s expected trading range is between 1.3560 support and 1.3660 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3600
Support 2: 1.3585
Support 3: 1.3560
Important resistance levels:
Resistance 1: 1.3632
Resistance 2: 1.3640
Resistance 3: 1.3660
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