USD CAD Technical Analysis November 15, 2022
The USD rose 0.29% against the CAD on Monday and closed at 1.3315. Today in the European session, while USD CAD Technical Analysis November 15, 2022, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3270, which is 0.33% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3250 and a fall through could take it to the next support level of 1.3240 The pair is expected to find its first resistance at 1.3300, and a rise through could take it to the next resistance level of 1.3320. Today’s expected trading range is between 1.3200 support and 1.3340 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3250
Support 2: 1.3240
Support 3: 1.3200
Important resistance levels:
Resistance 1: 1.3300
Resistance 2: 1.3320
Resistance 3: 1.3340
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