USD CAD Technical Analysis December 23, 2022
The USD rose 0.30% against the CAD on Thursday and closed at 1.3647. Today in the European session, while USD CAD Technical Analysis December 23, 2022, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3605, which is 0.31% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3585 and a fall through could take it to the next support level of 1.3570 The pair is expected to find its first resistance at 1.3635, and a rise through could take it to the next resistance level of 1.3680. Today’s expected trading range is between 1.3520 support and 1.3700 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3585
Support 2: 1.3570
Support 3: 1.3520
Important resistance levels:
Resistance 1: 1.3635
Resistance 2: 1.3680
Resistance 3: 1.3700
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