USD CAD Technical Analysis January 11, 2023
The USD declined 0.32% against the CAD on Tuesday and closed at 1.3426. Today in the European session, while USD CAD Technical Analysis January 11, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3426, which is 0.01% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3360 and a fall-through could take it to the next support level of 1.3320 The pair is expected to find its first resistance at 1.3412, and a rise through could take it to the next resistance level of 1.3385. Today’s expected trading range is between 1.3230 support and 1.3360 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3360
Support 2: 1.3320
Support 3: 1.3230
Important resistance levels:
Resistance 1: 1.3412
Resistance 2: 1.3385
Resistance 3: 1.3360
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