USD CAD Technical Analysis February 27, 2023
The USD rose 0.48% against the CAD on Monday and closed at 1.3606. Today in the European session, while USD CAD Technical Analysis February 27, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3581, which is 0.18% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3560 and a fall-through could take it to the next support level of 1.3530 The pair is expected to find its first resistance at 1.3620, and a rise-through could take it to the next resistance level of 1.3660. Today’s expected trading range is between 1.3515 support and 1.3700 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3560
Support 2: 1.3530
Support 3: 1.3515
Important resistance levels:
Resistance 1: 1.3620
Resistance 2: 1.3660
Resistance 3: 1.3700
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