USD CAD Technical Analysis September 20, 2022
The USD declined 0.11% against the CAD on Monday and closed at 1.3250. Today in the European session, while USD CAD Technical Analysis September 20, 2022, is preparing at 5:00 GMT, the USD/CAD is trading at 1.3285, which is 0.26% higher than CAD from yesterday’s close.
The pair is expected to find support at 1.3230 and a fall through could take it to the next support level of 1.3215 The pair is expected to find its first resistance at 1.3315, and a rise through could take it to the next resistance level of 1.3340. Today’s expected trading range is between 1.3140 support and 1.3340 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3230
Support 2: 1.3215
Support 3: 1.3140
Important resistance levels:
Resistance 1: 1.3315
Resistance 2: 1.3340
Resistance 3: 1.3380
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