USD CAD Technical Analysis September 8, 2022
The USD declined 0.27% against the CAD on Wednesday and closed at 1.3116. Today in the European session, while USD CAD Technical Analysis September 8, 2022, is preparing at 5:00 GMT, the USD/CAD is trading at 1.3117, which is 0.01% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3105 and a fall through could take it to the next support level of 1.3097 The pair is expected to find its first resistance at 1.3147, and a rise through could take it to the next resistance level of 1.3180. Today’s expected trading range is between 1.3075 support and 1.3207 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3105
Support 2: 1.3097
Support 3: 1.3075
Important resistance levels:
Resistance 1: 1.3147
Resistance 2: 1.3180
Resistance 3: 1.3207
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