USD CAD Technical Analysis February 9, 2023
The USD rose 0.36% against the CAD on Wednesday and closed at 1.3445. Today in the European session, while USD CAD Technical Analysis February 9, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3410, which is 0.25% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3385 and a fall-through could take it to the next support level of 1.3360 The pair is expected to find its first resistance at 1.3455, and a rise-through could take it to the next resistance level of 1.3465. Today’s expected trading range is between 1.3345 support and 1.3510 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3386
Support 2: 1.3360
Support 3: 1.3345
Important resistance levels:
Resistance 1: 1.3455
Resistance 2: 1.3465
Resistance 3: 1.3510
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