USD CAD Technical Analysis June 15, 2022
The USD rose 0.40% against the CAD on Tuesday and closed at 1.2948. Today in the Asian session, while USD CAD Technical Analysis 31 May 2022, is preparing at 5:15 GMT, the USD/CAD is trading at 1.2952, which is 0.04% higher than CAD from yesterday’s close.
The pair is expected to find the support at 1.2935 and a fall through could take it to the next support level of 1.2900. The pair is expected to find its first resistance at 1.2972, and a rise through could take it to the next resistance level of 1.3000. Today’s expected trading range is between 1.2867 support and 1.3045 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.2935
Support 2: 1.2900
Support 3: 1.2867
Important resistance levels:
Resistance 1: 1.2972
Resistance 2: 1.3000
Resistance 3: 1.3045
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