USD CAD Technical Analysis October 13, 2023
The USD rose 0.71% against the CAD on Thursday and closed at 1.3690. Today in the European session, while USD CAD Technical Analysis October 13, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3665, which is 0.19% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3660 and a fall-through could take it to the next support level of 1.3640 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 1.3740. Today’s expected trading range is between 1.3620 support and 1.3780 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3660
Support 2: 1.3640
Support 3: 1.3620
Important resistance levels:
Resistance 1: 1.3695
Resistance 2: 1.3740
Resistance 3: 1.3780
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