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USD CAD Technical Analysis September 20, 2021

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USD CAD Technical Analysis September 20, 2021

The USD rose 0.70% against the CAD on Friday and closed at 1.2769. Today in the European session, while USD CAD Technical Analysis September 20, 2021 is preparing at 9:15 GMT, the USD/CAD is trading at 1.2832, which is 0.50% higher against CAD from yesterday’s close.

The pair is expected to find the support at 1.2725 and a fall through could take it to the next support level of 1.2700. The pair is expected to find its first resistance at 1.2860, and a rise through could take it to the next resistance level of 1.2900. Today’s expected trading range is between 1.2680 support and 1.2900 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.2725
Support 2: 1.2700
Support 3: 1.2680

Important resistance levels:

Resistance 1: 1.2860
Resistance 2: 1.2900
Resistance 3: 1.2945

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