USD CAD Technical Analysis March 27, 2023
The USD rose 0.22% against the CAD on Friday and closed at 1.3739. Today in the European session, while USD CAD Technical Analysis March 27, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3947, which is 1.51% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3680 and a fall-through could take it to the next support level of 1.3655 The pair is expected to find its first resistance at 1.3740, and a rise-through could take it to the next resistance level of 1.3790. Today’s expected trading range is between 1.3630 support and 1.3800 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3680
Support 2: 1.3655
Support 3: 1.3630
Important resistance levels:
Resistance 1: 1.3740
Resistance 2: 1.3790
Resistance 3: 1.3800
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