USD CAD Technical Analysis March 20, 2023
The USD rose 0.10% against the CAD on Friday and closed at 1.3735. Today in the European session, while USD CAD Technical Analysis March 20, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3670, which is 0.47% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3660 and a fall-through could take it to the next support level of 1.3650 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 1.3770. Today’s expected trading range is between 1.3600 support and 1.3785 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3660
Support 2: 1.3650
Support 3: 1.3600
Important resistance levels:
Resistance 1: 1.3745
Resistance 2: 1.3770
Resistance 3: 1.3785
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