USD CAD Technical Analysis October 10, 2022
The USD declined 0.05% against the CAD on Friday and closed at 1.3739. Today in the European session, while USD CAD Technical Analysis October 10, 2022, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3738, which is 0.01% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3720 and a fall through could take it to the next support level of 1.3680 The pair is expected to find its first resistance at 1.3760, and a rise through could take it to the next resistance level of 1.3775. Today’s expected trading range is between 1.3640 support and 1.3830 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3720
Support 2: 1.3680
Support 3: 1.3640
Important resistance levels:
Resistance 1: 1.3760
Resistance 2: 1.3775
Resistance 3: 1.3830
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