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USD CAD Technical Analysis February 10, 2023

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USD CAD Technical Analysis February 10, 2023

The USD rose 0.10% against the CAD on Thursday and closed at 1.3456. Today in the European session, while USD CAD Technical Analysis February 10, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3360, which is 0.70% lower than CAD from yesterday’s close.

The pair is expected to find support at 1.3355 and a fall-through could take it to the next support level of 1.3340 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 1.3322 support and 1.3490 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.3355
Support 2: 1.3340
Support 3: 1.3322

Important resistance levels:

Resistance 1: 1.3455
Resistance 2: 1.3465
Resistance 3: 1.3490

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