USD CAD Technical Analysis Sep 25, 2023
The USD rose 0.04% against the CAD on Friday and closed at 1.3481. Today in the European session, while USD CAD Technical Analysis Sep 25, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3470, which is 0.08% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3465 and a fall-through could take it to the next support level of 1.3425 The pair is expected to find its first resistance at 1.3490, and a rise-through could take it to the next resistance level of 1.3520. Today’s expected trading range is between 1.3380 support and 1.3545 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3465
Support 2: 1.3425
Support 3: 1.3380
Important resistance levels:
Resistance 1: 1.3490
Resistance 2: 1.3520
Resistance 3: 1.3545