USD CAD Technical Analysis February 14, 2023
The USD declined 0.10% against the CAD on Monday and closed at 1.3331. Today in the European session, while USD CAD Technical Analysis February 14, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3315, which is 0.12% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3275 and a fall-through could take it to the next support level of 1.3265 The pair is expected to find its first resistance at 1.3360, and a rise-through could take it to the next resistance level of 1.3370. Today’s expected trading range is between 1.3230 support and 1.3380 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3275
Support 2: 1.3265
Support 3: 1.3230
Important resistance levels:
Resistance 1: 1.3360
Resistance 2: 1.3370
Resistance 3: 1.3380
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