USD CAD Technical Analysis October 11, 2023
The USD declined 0.05% against the CAD on Tuesday and closed at 1.3581. Today in the European session, while USD CAD Technical Analysis October 11, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3600, which is 0.14% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3570 and a fall-through could take it to the next support level of 1.3540 The pair is expected to find its first resistance at 1.3615, and a rise-through could take it to the next resistance level of 1.3640. Today’s expected trading range is between 1.3515 support and 1.3675 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3570
Support 2: 1.3540
Support 3: 1.3515
Important resistance levels:
Resistance 1: 1.3615
Resistance 2: 1.3640
Resistance 3: 1.3675
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