USD CAD Technical Analysis July 4, 2023
The USD rose 0.06% against the CAD on Monday and closed at 1.3249. Today in the European session, while USD CAD Technical Analysis July 4, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3231, which is 0.13% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3225 and a fall-through could take it to the next support level of 1.3210 The pair is expected to find its first resistance at 1.3255, and a rise-through could take it to the next resistance level of 1.3270. Today’s expected trading range is between 1.3175 support and 1.3385 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3225
Support 2: 1.3210
Support 3: 1.3175
Important resistance levels:
Resistance 1: 1.3255
Resistance 2: 1.3270
Resistance 3: 1.3285
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