USD CAD Technical Analysis June 21, 2023
The USD rose 0.18% against the CAD on Tuesday and closed at 1.3232. Today in the European session, while USD CAD Technical Analysis June 21, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3226, which is 0.05% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3210 and a fall-through could take it to the next support level of 1.3180 The pair is expected to find its first resistance at 1.3245, and a rise-through could take it to the next resistance level of 1.3265. Today’s expected trading range is between 1.3135 support and 1.3220 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3210
Support 2: 1.3180
Support 3: 1.3135
Important resistance levels:
Resistance 1: 1.3245
Resistance 2: 1.3265
Resistance 3: 1.3220
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