USD CAD Technical Analysis January 13, 2023
The USD declined 0.29% against the CAD on Thursday and closed at 1.3370. Today in the European session, while USD CAD Technical Analysis January 13, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3380, which is 0.08% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3322 and a fall-through could take it to the next support level of 1.3275 The pair is expected to find its first resistance at 1.3393, and a rise-through could take it to the next resistance level of 1.3440. Today’s expected trading range is between 1.3230 support and 1.3455 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3322
Support 2: 1.3275
Support 3: 1.3230
Important resistance levels:
Resistance 1: 1.3393
Resistance 2: 1.3440
Resistance 3: 1.3455
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