USD CAD Technical Analysis July 15, 2022
The USD rose 1.10% against the CAD on Thursday and closed at 1.3117. Today in the European session, while USD CAD Technical Analysis July 15, 2022, is preparing at 5:00 GMT, the USD/CAD is trading at 1.3121, which is 0.03% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3095 and a fall through could take it to the next support level of 1.3060. The pair is expected to find its first resistance at 1.3135, and a rise through could take it to the next resistance level of 1.3190. Today’s expected trading range is between 1.3000 support and 1.3220 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3095
Support 2: 1.3060
Support 3: 1.3000
Important resistance levels:
Resistance 1: 1.3135
Resistance 2: 1.3190
Resistance 3: 1.3220
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