USD CAD Technical Analysis June 9, 2023
The USD declined 0.11% against the CAD on Thursday and closed at 1.3355. Today in the European session, while USD CAD Technical Analysis June 9, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3330, which is 0.18% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3330 and a fall-through could take it to the next support level of 1.3320 The pair is expected to find its first resistance at 1.3370, and a rise-through could take it to the next resistance level of 1.3385. Today’s expected trading range is between 1.3270 support and 1.3420 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3330
Support 2: 1.3320
Support 3: 1.3270
Important resistance levels:
Resistance 1: 1.3370
Resistance 2: 1.3385
Resistance 3: 1.3420
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