USD CAD Technical Analysis March 23, 2023
The USD rose 0.17% against the CAD on Wednesday and closed at 1.3732. Today in the European session, while USD CAD Technical Analysis March 23, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3680, which is 0.38% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3655 and a fall-through could take it to the next support level of 1.3625 The pair is expected to find its first resistance at 1.3640, and a rise-through could take it to the next resistance level of 1.3625. Today’s expected trading range is between 1.3555 support and 1.3600 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3655
Support 2: 1.3625
Support 3: 1.3555
Important resistance levels:
Resistance 1: 1.3640
Resistance 2: 1.3625
Resistance 3: 1.3600
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