USD CAD Technical Analysis August 23, 2021
The USD rose 0.01% against the CAD on Friday and closed at 1.2823. Today in the Asian session, while USD CAD Technical Analysis August 23, 2021 is preparing at 5:15 GMT, the USD/CAD trading at 1.2735, which is 0.69% lower against CAD from yesterday’s close.
The pair is expected to find the support at 1.2835 and a fall through could take it to the next support level of 1.2650. 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 1.2910. Today’s expected trading range is between 1.2650 support and 1.2945 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.2735
Support 2: 1.2650
Support 3: 1.2600
Important resistance levels:
Resistance 1: 1.2830
Resistance 2: 1.2910
Resistance 3: 1.2945