USD CAD Technical Analysis November 22, 2022
The USD rose 0.63% against the CAD on Monday and closed at 1.3453. Today in the European session, while USD CAD Technical Analysis November 22, 2022, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3400, which is 0.39% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3380 and a fall through could take it to the next support level of 1.3370 The pair is expected to find its first resistance at 1.3440, and a rise through could take it to the next resistance level of 1.3495. Today’s expected trading range is between 1.3300 support and 1.3565 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3380
Support 2: 1.3370
Support 3: 1.3300
Important resistance levels:
Resistance 1: 1.3440
Resistance 2: 1.3495
Resistance 3: 1.3565