USD CAD Technical Analysis December 19, 2022
The USD rose 0.28% against the CAD on Friday and closed at 1.3695. Today in the European session, while USD CAD Technical Analysis December 19, 2022, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3660, which is 0.26% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3630 and a fall through could take it to the next support level of 1.3620 The pair is expected to find its first resistance at 1.3677, and a rise through could take it to the next resistance level of 1.3700. Today’s expected trading range is between 1.3585 support and 1.3730 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3630
Support 2: 1.3620
Support 3: 1.3585
Important resistance levels:
Resistance 1: 1.3677
Resistance 2: 1.3700
Resistance 3: 1.3730
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