Easy Trading Tips offers free forex and commodities technical analysis, trading forecast, latest stock market, forex, commodities & business news, real time quotes, live charts, live markets data, economic calendar and many more.

USD CAD Technical Analysis May 11, 2023

0

USD CAD Technical Analysis May 11, 2023

The USD declined 0.08% against the CAD on Wednesday and closed at 1.3371. Today in the European session, while USD CAD Technical Analysis May 11, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3406, which is 0.26% higher than CAD from yesterday’s close.

The pair is expected to find support at 1.3365 and a fall-through could take it to the next support level of 1.3335 The pair is expected to find its first resistance at 1.3420, and a rise-through could take it to the next resistance level of 1.3450. Today’s expected trading range is between 1.3305 support and 1.3510 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.3365
Support 2: 1.3335
Support 3: 1.3305

Important resistance levels:

Resistance 1: 1.3420
Resistance 2: 1.3450
Resistance 3: 1.3510

EUR/USD Technical Analysis May 11, 2023
GBP/USD Technical Analysis May 11, 2023
USD/JPY Technical Analysis May 11, 2023

Leave A Reply

Your email address will not be published.