USD CAD Technical Analysis May 26, 2023
The USD rose 0.36% against the CAD on Thursday and closed at 1.3642. Today in the European session, while USD CAD Technical Analysis May 26, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3615, which is 0.20% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3605 and a fall-through could take it to the next support level of 1.3585 The pair is expected to find its first resistance at 1.3650, and a rise-through could take it to the next resistance level of 1.3565. Today’s expected trading range is between 1.3565 support and 1.3690 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3605
Support 2: 1.3585
Support 3: 1.3565
Important resistance levels:
Resistance 1: 1.3650
Resistance 2: 1.3665
Resistance 3: 1.3690
EUR/USD Technical Analysis May 26, 2023
GBP/USD Technical Analysis May 26, 2023
USD/JPY Technical Analysis May 26, 2023