USD CAD Technical Analysis January 20, 2023
The USD declined 0.18% against the CAD on Thursday and closed at 1.3465. Today in the European session, while USD CAD Technical Analysis January 20, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3475, which is 0.08% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3445 and a fall-through could take it to the next support level of 1.3435 The pair is expected to find its first resistance at 1.3495, and a rise-through could take it to the next resistance level of 1.3510. Today’s expected trading range is between 1.3400 support and 1.3520 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3445
Support 2: 1.3435
Support 3: 1.3400
Important resistance levels:
Resistance 1: 1.3495
Resistance 2: 1.3510
Resistance 3: 1.3520
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