USD CAD Technical Analysis September 6, 2022
The USD rose 0.11% against the CAD on Monday and closed at 1.3141. Today in the European session, while USD CAD Technical Analysis September 6, 2022, is preparing at 5:00 GMT, the USD/CAD is trading at 1.3127, which is 0.12% lower than CAD from yesterday’s close.
The pair is expected to find support at 1.3097 and a fall through could take it to the next support level of 1.3075 The pair is expected to find its first resistance at 1.3145, and a rise through could take it to the next resistance level of 1.3170. Today’s expected trading range is between 1.3065 support and 1.3205 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3097
Support 2: 1.3075
Support 3: 1.3065
Important resistance levels:
Resistance 1: 1.3145
Resistance 2: 1.3170
Resistance 3: 1.3205
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