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USD CAD Technical Analysis July 14, 2023

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USD CAD Technical Analysis July 14, 2023

The USD declined 0.56% against the CAD on Thursday and closed at 1.3109. Today in the European session, while USD CAD Technical Analysis July 14, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3115, which is 0.05% higher than CAD from yesterday’s close.

The pair is expected to find support at 1.3092 and a fall-through could take it to the next support level of 1.3075 The pair is expected to find its first resistance at 1.3140, and a rise-through could take it to the next resistance level of 1.3170. Today’s expected trading range is between 1.3040 support and 1.3230 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.3092
Support 2: 1.3075
Support 3: 1.3040

Important resistance levels:

Resistance 1: 1.3140
Resistance 2: 1.3170
Resistance 3: 1.3230

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