USD CAD Technical Analysis March 14, 2023
The USD declined 0.58% against the CAD on Monday and closed at 1.3731. Today in the European session, while USD CAD Technical Analysis March 14, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3635, which is 0.47% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3665 and a fall-through could take it to the next support level of 1.3640 The pair is expected to find its first resistance at 1.3745, and a rise-through could take it to the next resistance level of 1.3800. Today’s expected trading range is between 1.3600 support and 1.3860 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3665
Support 2: 1.3640
Support 3: 1.3600
Important resistance levels:
Resistance 1: 1.3745
Resistance 2: 1.3800
Resistance 3: 1.3860
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