USD CAD Technical Analysis July 14, 2021
The USD rose 0.51% against the CAD on Tuesday and closed at 1.2513. Today in the Asian session, while USD CAD technical Analysis July 14, 2021 is preparing at at 4:15 GMT, the USD/CAD trading at 1.2507, which is 0.04% lower against CAD from yesterday’s close.
The pair is expected to find the support at 1.2490 and a fall through could take it to the next support level of 1.2445. The pair is expected to find its first resistance at 1.2538, and a rise through could take it to the next resistance level of 1.2555. Today’s expected trading range is between 1.2425, support and 1.2590 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.2490
Support 2: 1.2445
Support 3: 1.2425
Important resistance levels:
Resistance 1: 1.2538
Resistance 2: 1.2555
Resistance 3: 1.2590