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USD CAD Technical Analysis July 3, 2023

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USD CAD Technical Analysis July 3, 2023

The USD declined 0.01% against the CAD on Friday and closed at 1.3247. Today in the European session, while USD CAD Technical Analysis July 3, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3253, which is 0.05% higher than CAD from yesterday’s close.

The pair is expected to find support at 1.3240 and a fall-through could take it to the next support level of 1.3210 The pair is expected to find its first resistance at 1.3270, and a rise-through could take it to the next resistance level of 1.3285. Today’s expected trading range is between 1.3175 support and 1.3320 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.3240
Support 2: 1.3210
Support 3: 1.3175

Important resistance levels:

Resistance 1: 1.3270
Resistance 2: 1.3285
Resistance 3: 1.3320

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