USD CAD Technical Analysis September 6, 2021
The USD declined 0.17% against the CAD on Friday and closed at 1.2528. Today in the Asian session, while USD CAD Technical Analysis September 6, 2021 is preparing at 5:15 GMT, the USD/CAD is trading at 1.2547, which is 0.15% higher against CAD from yesterday’s close.
The pair is expected to find the support at 1.2525 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 1.2560, and a rise through could take it to the next resistance level of 1.2570. Today’s expected trading range is between 1.2425 support and 1.2580 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.2525
Support 2: 1.2492
Support 3: 1.2425
Important resistance levels:
Resistance 1: 1.2560
Resistance 2: 1.2570
Resistance 3: 1.2580