USD CAD Technical Analysis March 31, 2023
The USD declined 0.26% against the CAD on Thursday and closed at 1.3521. Today in the European session, while USD CAD Technical Analysis March 31, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3547, which is 0.19% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3510 and a fall-through could take it to the next support level of 1.3500 The pair is expected to find its first resistance at 1.3560, and a rise-through could take it to the next resistance level of 1.3580. Today’s expected trading range is between 1.3440 support and 1.3615 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3510
Support 2: 1.3500
Support 3: 1.3440
Important resistance levels:
Resistance 1: 1.3560
Resistance 2: 1.3580
Resistance 3: 1.3615
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