USD CAD Technical Analysis July 20, 2021
The USD rose 1.09% against the CAD on Monday and closed at 1.2745. Today in the Asian session, while USD CAD technical Analysis July 20, 2021 is preparing at at 4:15 GMT, the USD/CAD trading at 1.2750, which is 0.02% higher against CAD from yesterday’s close.
The pair is expected to find the support at 1.2720 and a fall through could take it to the next support level of 1.2700. The pair is expected to find its first resistance at 1.2800, and a rise through could take it to the next resistance level of 1.2830. Today’s expected trading range is between 1.2640, support and 1.2850 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.2720
Support 2: 1.2700
Support 3: 1.2640
Important resistance levels:
Resistance 1: 1.2800
Resistance 2: 1.2830
Resistance 3: 1.2850