USD CAD Technical Analysis March 28, 2023
The USD declined 0.52% against the CAD on Monday and closed at 1.3660. Today in the European session, while USD CAD Technical Analysis March 28, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3650, which is 0.07% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3632 and a fall-through could take it to the next support level of 1.3600 The pair is expected to find its first resistance at 1.3695, and a rise-through could take it to the next resistance level of 1.3720. Today’s expected trading range is between 1.3560 support and 1.3740 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3632
Support 2: 1.3600
Support 3: 1.3560
Important resistance levels:
Resistance 1: 1.3695
Resistance 2: 1.3720
Resistance 3: 1.3740
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