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USD CAD Technical Analysis March 21, 2023

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USD CAD Technical Analysis March 21, 2023

The USD declined 0.39% against the CAD on Monday and closed at 1.3665. Today in the European session, while USD CAD Technical Analysis March 21, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3675, which is 0.07% higher than CAD from yesterday’s close.

The pair is expected to find support at 1.3655 and a fall-through could take it to the next support level of 1.3625 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 1.3555 support and 1.3785 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.3655
Support 2: 1.3625
Support 3: 1.3555

Important resistance levels:

Resistance 1: 1.3745
Resistance 2: 1.3770
Resistance 3: 1.3785

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