USD CAD Technical Analysis September 21, 2021
The USD rose 0.47% against the CAD on Monday and closed at 1.2815. Today in the European session, while USD CAD Technical Analysis September 21, 2021 is preparing at 9:15 GMT, the USD/CAD is trading at 1.2762, which is 0.42% lower 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 1.2700 support and 1.2892 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.2745
Support 2: 1.2725
Support 3: 1.2700
Important resistance levels:
Resistance 1: 1.2792
Resistance 2: 1.2840
Resistance 3: 1.2892