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USD CAD Technical Analysis July 26, 2023

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USD CAD Technical Analysis July 26, 2023

The USD rose 0.06% against the CAD on Tuesday and closed at 1.3172. Today in the European session, while USD CAD Technical Analysis July 26, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3210, which is 0.29% higher than CAD from yesterday’s close.

The pair is expected to find support at 1.3170 and a fall-through could take it to the next support level of 1.3155 The pair is expected to find its first resistance at 1.3210, and a rise-through could take it to the next resistance level of 1.3225. Today’s expected trading range is between 1.3120 support and 1.3240 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.3170
Support 2: 1.3155
Support 3: 1.3120

Important resistance levels:

Resistance 1: 1.3210
Resistance 2: 1.3225
Resistance 3: 1.3240

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