USD CAD Technical Analysis Sep 29, 2023
The USD declined 0.09% against the CAD on Thursday and closed at 1.3485. Today in the European session, while USD CAD Technical Analysis Sep 29, 2023, is prepared at 5:00 GMT, the USD/CAD is trading at 1.3420, which is 0.47% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3400 and a fall-through could take it to the next support level of 1.3395 The pair is expected to find its first resistance at 1.3480, and a rise-through could take it to the next resistance level of 1.3510. Today’s expected trading range is between 1.3380 support and 1.3540 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3400
Support 2: 1.3395
Support 3: 1.3380
Important resistance levels:
Resistance 1: 1.3480
Resistance 2: 1.3510
Resistance 3: 1.3540
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