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USD CAD Technical Analysis September 28, 2021

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USD CAD Technical Analysis September 28, 2021

The USD declined 0.12% against the CAD on Monday and closed at 1.2627. Today in the European session, while USD CAD Technical Analysis September 28, 2021 is preparing at 9:15 GMT, the USD/CAD is trading at 1.2647, which is 0.15% higher against CAD from yesterday’s close.

The pair is expected to find the support at 1.2600 and a fall through could take it to the next support level of 1.2585. The pair is expected to find its first resistance at 1.2670, and a rise through could take it to the next resistance level of 1.2700. Today’s expected trading range is between 1.2550 support and 1.2730 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.2600
Support 2: 1.2585
Support 3: 1.2550

Important resistance levels:

Resistance 1: 1.2670
Resistance 2: 1.2700
Resistance 3: 1.2730

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