USD CAD Technical Analysis October 14, 2022
The USD declined 0.42% against the CAD on Thursday and closed at 1.3754. Today in the European session, while USD CAD Technical Analysis October 14, 2022, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3813, which is 0.43% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3705 and a fall through could take it to the next support level of 1.3677 The pair is expected to find its first resistance at 1.3835, and a rise through could take it to the next resistance level of 1.3855. Today’s expected trading range is between 1.3645 support and 1.3900 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3705
Support 2: 1.3677
Support 3: 1.3645
Important resistance levels:
Resistance 1: 1.3835
Resistance 2: 1.3855
Resistance 3: 1.3900
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