USD CAD Technical Analysis 27 May 2022
The USD declined 0.34% against the CAD on Thursday and closed at 1.2771. Today in the Asian session, while USD CAD Technical Analysis 27 May 2022, is preparing at 5:15 GMT, the USD/CAD is trading at 1.2740, which is 0.24% higher than CAD from yesterday’s close.
The pair is expected to find the support at 1.2735 and a fall through could take it to the next support level of 1.2718. The pair is expected to find its first resistance at 1.2830, and a rise through could take it to the next resistance level of 1.2847. Today’s expected trading range is between 1.2685 support and 1.2885 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.2735
Support 2: 1.2718
Support 3: 1.2685
Important resistance levels:
Resistance 1: 1.2830
Resistance 2: 1.2847
Resistance 3: 1.2885
EUR/USD Technical Analysis 27 May 2022
GBP/USD Technical Analysis 27 May 2022
USD/JPY Technical Analysis 27 May 2022