USD CAD Technical Analysis April 4, 2023
The USD declined 0.42% against the CAD on Saturday and closed at 1.3438. Today in the European session, while USD CAD Technical Analysis April 4, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3447, which is 0.07% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3410 and a fall-through could take it to the next support level of 1.3385 The pair is expected to find its first resistance at 1.3460, and a rise-through could take it to the next resistance level of 1.3490. Today’s expected trading range is between 1.3360 support and 1.3535 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3410
Support 2: 1.3385
Support 3: 1.3360
Important resistance levels:
Resistance 1: 1.3460
Resistance 2: 1.3490
Resistance 3: 1.3535
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