USD CAD Technical Analysis February 28, 2023
The USD declined 0.22% against the CAD on Tuesday and closed at 1.3574. Today in the European session, while USD CAD Technical Analysis February 28, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3565, which is 0.06% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3535 and a fall-through could take it to the next support level of 1.3520 The pair is expected to find its first resistance at 1.3600, and a rise-through could take it to the next resistance level of 1.3620. Today’s expected trading range is between 1.3485 support and 1.3660 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3535
Support 2: 1.3520
Support 3: 1.3485
Important resistance levels:
Resistance 1: 1.3600
Resistance 2: 1.3620
Resistance 3: 1.3660
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