USD CAD Technical Analysis March 9, 2023
The USD rose 0.40% against the CAD on Wednesday and closed at 1.3802. Today in the European session, while USD CAD Technical Analysis March 9, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3788, which is 0.10% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3770 and a fall-through could take it to the next support level of 1.3745 The pair is expected to find its first resistance at 1.3810, and a rise-through could take it to the next resistance level of 1.3830. Today’s expected trading range is between 1.3700 support and 1.3850 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3770
Support 2: 1.3745
Support 3: 1.3700
Important resistance levels:
Resistance 1: 1.3810
Resistance 2: 1.3830
Resistance 3: 1.3850
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