USD CAD Technical Analysis September 29, 2022
The USD declined 0.88% against the CAD on Wednesday and closed at 1.3603. Today in the European session, while USD CAD Technical Analysis September 29, 2022, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3712, which is 0.79% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3605 and a fall through could take it to the next support level of 1.3565 The pair is expected to find its first resistance at 1.3750, and a rise through could take it to the next resistance level of 1.3800. Today’s expected trading range is between 1.3225 support and 1.3830 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3605
Support 2: 1.3565
Support 3: 1.3225
Important resistance levels:
Resistance 1: 1.3750
Resistance 2: 1.3800
Resistance 3: 1.3830