USD CAD Technical Analysis June 14, 2023
The USD declined 0.40% against the CAD on Tuesday and closed at 1.3312. Today in the European session, while USD CAD Technical Analysis June 14, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3303, which is 0.07% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3285 and a fall-through could take it to the next support level of 1.3270 The pair is expected to find its first resistance at 1.3315, and a rise-through could take it to the next resistance level of 1.3365. Today’s expected trading range is between 1.3230 support and 1.3380 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3285
Support 2: 1.3270
Support 3: 1.3230
Important resistance levels:
Resistance 1: 1.3315
Resistance 2: 1.3365
Resistance 3: 1.3380
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