USD CAD Technical Analysis January 17, 2023
The USD rose 0.15% against the CAD on Monday and closed at 1.3407. Today in the European session, while USD CAD Technical Analysis January 17, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3427, which is 0.15% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3395 and a fall-through could take it to the next support level of 1.3365 The pair is expected to find its first resistance at 1.3435, and a rise-through could take it to the next resistance level of 1.3455. Today’s expected trading range is between 1.3355 support and 1.3475 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3395
Support 2: 1.3365
Support 3: 1.3355
Important resistance levels:
Resistance 1: 1.3435
Resistance 2: 1.3455
Resistance 3: 1.3475
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