USD CAD Technical Analysis November 18, 2022
The USD declined 0.01% against the CAD on Thursday and closed at 1.3323. Today in the European session, while USD CAD Technical Analysis November 18, 2022, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3326, which is 0.02% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3300 and a fall through could take it to the next support level of 1.3230 The pair is expected to find its first resistance at 1.3345, and a rise through could take it to the next resistance level of 1.3400. Today’s expected trading range is between 1.3200 support and 1.3440 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3300
Support 2: 1.3230
Support 3: 1.3200
Important resistance levels:
Resistance 1: 1.3345
Resistance 2: 1.3400
Resistance 3: 1.3440
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