USD CAD Technical Analysis October 25, 2022
The USD rose 0.50% against the CAD on Monday and closed at 1.3703. Today in the European session, while USD CAD Technical Analysis October 25, 2022, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3737, which is 0.25% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3680 and a fall through could take it to the next support level of 1.3655 The pair is expected to find its first resistance at 1.3770, and a rise through could take it to the next resistance level of 1.3805. Today’s expected trading range is between 1.3610 support and 1.3850 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3680
Support 2: 1.3655
Support 3: 1.3610
Important resistance levels:
Resistance 1: 1.3770
Resistance 2: 1.3805
Resistance 3: 1.3850
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