USD CAD Technical Analysis September 1, 2022
The USD rose 0.29% against the CAD on Tuesday and closed at 1.3130. Today in the European session, while USD CAD Technical Analysis September 1, 2022, is preparing at 5:00 GMT, the USD/CAD is trading at 1.3177, which is 0.36% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3140 and a fall through could take it to the next support level of 1.3075 The pair is expected to find its first resistance at 1.3190, and a rise through could take it to the next resistance level of 1.3220. Today’s expected trading range is between 1.3065 support and 1.3240 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3140
Support 2: 1.3075
Support 3: 1.3065
Important resistance levels:
Resistance 1: 1.3190
Resistance 2: 1.3220
Resistance 3: 1.3240
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