USD CAD Technical Analysis April 17, 2023
The USD declined 0.14% against the CAD on Friday and closed at 1.3357. Today in the European session, while USD CAD Technical Analysis April 17, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3360, which is 0.02% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3345 and a fall-through could take it to the next support level of 1.3305 The pair is expected to find its first resistance at 1.3395, and a rise-through could take it to the next resistance level of 1.3425. Today’s expected trading range is between 1.3270 support and 1.3445 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3345
Support 2: 1.3305
Support 3: 1.3270
Important resistance levels:
Resistance 1: 1.3395
Resistance 2: 1.3425
Resistance 3: 1.3445
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