USD CAD Technical Analysis September 17, 2021
The USD rose 0.45% against the CAD on Thursday and closed at 1.2682. Today in the European session, while USD CAD Technical Analysis September 17, 2021 is preparing at 9:15 GMT, the USD/CAD is trading at 1.2657, which is 0.20% lower against CAD from yesterday’s close.
The pair is expected to find the support at 1.2630 and a fall through could take it to the next support level of 1.2615. The pair is expected to find its first resistance at 1.2695, and a rise through could take it to the next resistance level of 1.2760. Today’s expected trading range is between 1.2600 support and 1.2760 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.2630
Support 2: 1.2615
Support 3: 1.2600
Important resistance levels:
Resistance 1: 1.2695
Resistance 2: 1.2725
Resistance 3: 1.2760