USD CAD Technical Analysis 26 May 2022
The USD declined 0.02% against the CAD on Wednesday and closed at 1.2815. Today in the Asian session, while USD CAD Technical Analysis 26 May 2022, is preparing at 5:15 GMT, the USD/CAD is trading at 1.2830, which is 0.12% higher than CAD from yesterday’s close.
The pair is expected to find the support at 1.2800 and a fall through could take it to the next support level of 1.2780. The pair is expected to find its first resistance at 1.2847, and a rise through could take it to the next resistance level of 1.2865. Today’s expected trading range is between 1.2765 support and 1.2895 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.2800
Support 2: 1.2780
Support 3: 1.2765
Important resistance levels:
Resistance 1: 1.2847
Resistance 2: 1.2865
Resistance 3: 1.2895
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