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USD CAD Technical Analysis September 3, 2021

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USD CAD Technical Analysis September 3, 2021

The USD declined 0.54% against the CAD on Thursday and closed at 1.2551. Today in the Asian session, while USD CAD Technical Analysis September 3, 2021 is preparing at 5:15 GMT, the USD/CAD trading at 1.2535, which is 0.13% lower against CAD from yesterday’s close.

The pair is expected to find the support at 1.2520 and a fall through could take it to the next support level of 1.2492. The pair is expected to find its first resistance at 1.2570, and a rise through could take it to the next resistance level of 1.2580. Today’s expected trading range is between 1.2475 support and 1.2610 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.2520
Support 2: 1.2492
Support 3: 1.2475

Important resistance levels:

Resistance 1: 1.2570
Resistance 2: 1.2580
Resistance 3: 1.2610

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