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USD CAD Technical Analysis June 19, 2023

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USD CAD Technical Analysis June 19, 2023

The USD declined 0.19% against the CAD on Friday and closed at 1.3196. Today in the European session, while USD CAD Technical Analysis June 19, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3189, which is 0.05% lower than CAD from yesterday’s close.

The pair is expected to find support at 1.3180 and a fall-through could take it to the next support level of 1.3140 The pair is expected to find its first resistance at 1.3225, and a rise-through could take it to the next resistance level of 1.3240. Today’s expected trading range is between 1.3100 support and 1.3275 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.3180
Support 2: 1.3140
Support 3: 1.3100

Important resistance levels:

Resistance 1: 1.3225
Resistance 2: 1.3240
Resistance 3: 1.3275

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