USD CAD Technical Analysis September 13, 2022
The USD declined 0.45% against the CAD on Monday and closed at 1.2986. Today in the European session, while USD CAD Technical Analysis September 13, 2022, is preparing at 5:00 GMT, the USD/CAD is trading at 1.2973, which is 0.10% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.2965 and a fall through could take it to the next support level of 1.2950 The pair is expected to find its first resistance at 1.3000, and a rise through could take it to the next resistance level of 1.3035. Today’s expected trading range is between 1.2900 support and 1.3050 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.2965
Support 2: 1.2950
Support 3: 1.2900
Important resistance levels:
Resistance 1: 1.3000
Resistance 2: 1.3035
Resistance 3: 1.3050
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