USD CAD Technical Analysis September 28, 2022
The USD declined 0.07% against the CAD on Wednesday and closed at 1.3722. Today in the European session, while USD CAD Technical Analysis September 28, 2022, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3743, which is 0.14% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3715 and a fall through could take it to the next support level of 1.3645 The pair is expected to find its first resistance at 1.3830, and a rise through could take it to the next resistance level of 1.3850. Today’s expected trading range is between 1.3560 support and 1.3900 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3715
Support 2: 1.3645
Support 3: 1.3560
Important resistance levels:
Resistance 1: 1.3830
Resistance 2: 1.3850
Resistance 3: 1.3900