USD CAD Technical Analysis July 5, 2023
The USD declined 0.19% against the CAD on Tuesday and closed at 1.3222. Today in the European session, while USD CAD Technical Analysis July 5, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3275, which is 0.40% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3255 and a fall-through could take it to the next support level of 1.3205 The pair is expected to find its first resistance at 1.3290, and a rise-through could take it to the next resistance level of 1.3300. Today’s expected trading range is between 1.3175 support and 1.3350 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3255
Support 2: 1.3205
Support 3: 1.3175
Important resistance levels:
Resistance 1: 1.3290
Resistance 2: 1.3300
Resistance 3: 1.3350
EUR/USD Technical Analysis July 5, 2023
GBP/USD Technical Analysis July 5, 2023
USD/JPY Technical Analysis July 5, 2023