USD CAD Technical Analysis October 13, 2022
The USD rose 0.16% against the CAD on Wednesday and closed at 1.3816. Today in the European session, while USD CAD Technical Analysis October 13, 2022, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3806, which is 0.07% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3775 and a fall through could take it to the next support level of 1.3760 The pair is expected to find its first resistance at 1.3845, and a rise through could take it to the next resistance level of 1.3855. Today’s expected trading range is between 1.3715 support and 1.3900 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3775
Support 2: 1.3760
Support 3: 1.3715
Important resistance levels:
Resistance 1: 1.3845
Resistance 2: 1.3855
Resistance 3: 1.3900
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