USD CAD Technical Analysis April 20, 2023
The USD rose 0.51% against the CAD on Wednesday and closed at 1.3458. Today in the European session, while USD CAD Technical Analysis April 20, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3475, which is 0.12% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3435 and a fall-through could take it to the next support level of 1.3420 The pair is expected to find its first resistance at 1.3490, and a rise-through could take it to the next resistance level of 1.3500. Today’s expected trading range is between 1.3360 support and 1.3550 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3435
Support 2: 1.3420
Support 3: 1.3360
Important resistance levels:
Resistance 1: 1.3490
Resistance 2: 1.3500
Resistance 3: 1.3550
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