USD CAD Technical Analysis Sep 28, 2023
The USD declined 0.11% against the CAD on Wednesday and closed at 1.3499. Today in the European session, while USD CAD Technical Analysis Sep 28, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3488, which is 0.08% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3482 and a fall-through could take it to the next support level of 1.3450 The pair is expected to find its first resistance at 1.3512, and a rise-through could take it to the next resistance level of 1.3540. Today’s expected trading range is between 1.3425 support and 1.3565 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3482
Support 2: 1.3450
Support 3: 1.3425
Important resistance levels:
Resistance 1: 1.3512
Resistance 2: 1.3540
Resistance 3: 1.3565
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