USD CAD Technical Analysis June 26, 2023
The USD rose 0.23% against the CAD on Friday and closed at 1.3180. Today in the European session, while USD CAD Technical Analysis June 26, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3151, which is 0.21% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3140 and a fall-through could take it to the next support level of 1.3100 The pair is expected to find its first resistance at 1.3180, and a rise-through could take it to the next resistance level of 1.3220. Today’s expected trading range is between 1.3060 support and 1.3240 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3140
Support 2: 1.3100
Support 3: 1.3060
Important resistance levels:
Resistance 1: 1.3180
Resistance 2: 1.3220
Resistance 3: 1.3240
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