USD CAD Technical Analysis Sep 4, 2023
The USD rose 0.62% against the CAD on Friday and closed at 1.3592. Today in the European session, while USD CAD Technical Analysis Sep 4, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3587, which is 0.03% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3575 and a fall-through could take it to the next support level of 1.3555 The pair is expected to find its first resistance at 1.3610, and a rise-through could take it to the next resistance level of 1.3635. Today’s expected trading range is between 1.3515 support and 1.3660 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3575
Support 2: 1.3555
Support 3: 1.3515
Important resistance levels:
Resistance 1: 1.3610
Resistance 2: 1.3635
Resistance 3: 1.3660