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USD CAD Technical Analysis March 24, 2023

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USD CAD Technical Analysis March 24, 2023

The USD declined 0.11% against the CAD on Thursday and closed at 1.3709. Today in the European session, while USD CAD Technical Analysis March 24, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3778, which is 0.51% higher than CAD from yesterday’s close.

The pair is expected to find support at 1.3745 and a fall-through could take it to the next support level of 1.3700 The pair is expected to find its first resistance at 1.3800, and a rise-through could take it to the next resistance level of 1.3840. Today’s expected trading range is between 1.3630 support and 1.3860 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.3745
Support 2: 1.3700
Support 3: 1.3630

Important resistance levels:

Resistance 1: 1.3800
Resistance 2: 1.3840
Resistance 3: 1.3860

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