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USD CAD Technical Analysis January 30, 2023

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USD CAD Technical Analysis January 30, 2023

The USD declined 0.07% against the CAD on Friday and closed at 1.3308. Today in the European session, while USD CAD Technical Analysis January 30, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3341, which is 0.25% higher than CAD from yesterday’s close.

The pair is expected to find support at 1.3300 and a fall-through could take it to the next support level of 1.3290 The pair is expected to find its first resistance at 1.3345, and a rise-through could take it to the next resistance level of 1.3370. Today’s expected trading range is between 1.3270 support and 1.3400 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.3300
Support 2: 1.3290
Support 3: 1.3270

Important resistance levels:

Resistance 1: 1.3345
Resistance 2: 1.3370
Resistance 3: 1.3400

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