USD CAD Technical Analysis June 29, 2023
The USD rose 0.50% against the CAD on Wednesday and closed at 1.3256. Today in the European session, while USD CAD Technical Analysis June 29, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3259, which is 0.02% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3245 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 1.3275, and a rise-through could take it to the next resistance level of 1.3290. Today’s expected trading range is between 1.3175 support and 1.3325 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3245
Support 2: 1.3205
Support 3: 1.3175
Important resistance levels:
Resistance 1: 1.3275
Resistance 2: 1.3290
Resistance 3: 1.3325
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