USD CAD Technical Analysis June 28, 2023
The USD rose 0.30% against the CAD on Tuesday and closed at 1.3189. Today in the European session, while USD CAD Technical Analysis June 28, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3220, which is 0.24% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3165 and a fall-through could take it to the next support level of 1.3140 The pair is expected to find its first resistance at 1.3230, and a rise-through could take it to the next resistance level of 1.3240. Today’s expected trading range is between 1.3120 support and 1.3270 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3165
Support 2: 1.3140
Support 3: 1.3120
Important resistance levels:
Resistance 1: 1.3230
Resistance 2: 1.3240
Resistance 3: 1.3270
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