USD CAD Technical Analysis September 23, 2021
The USD declined 0.29% against the CAD on Wednesday and closed at 1.2772. Today in the European session, while USD CAD Technical Analysis September 23, 2021 is preparing at 9:15 GMT, the USD/CAD is trading at 1.2668, which is 0.81% lower against CAD from yesterday’s close.
The pair is expected to find the support at 1.2650 and a fall through could take it to the next support level of 1.2635. The pair is expected to find its first resistance at 1.2750, and a rise through could take it to the next resistance level of 1.2795. Today’s expected trading range is between 1.2615 support and 1.2825 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.2650
Support 2: 1.2635
Support 3: 1.2615
Important resistance levels:
Resistance 1: 1.2750
Resistance 2: 1.2795
Resistance 3: 1.2825