USD CAD Technical Analysis November 17, 2022
The USD rose 0.37% against the CAD on Wednesday and closed at 1.3325. Today in the European session, while USD CAD Technical Analysis November 17, 2022, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3345, which is 0.15% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3305 and a fall through could take it to the next support level of 1.3250 The pair is expected to find its first resistance at 1.3360, and a rise through could take it to the next resistance level of 1.3370. Today’s expected trading range is between 1.3225 support and 1.3400 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3305
Support 2: 1.3250
Support 3: 1.3225
Important resistance levels:
Resistance 1: 1.3360
Resistance 2: 1.3370
Resistance 3: 1.3400
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