USD CAD Technical Analysis September 9, 2021
The USD rose 0.34% against the CAD on Wednesday and closed at 1.2690. Today in the European session, while USD CAD Technical Analysis September 9, 2021 is preparing at 9:15 GMT, the USD/CAD is trading at 1.2695, which is 0.03% higher against CAD from yesterday’s close.
The pair is expected to find the support at 1.2655 and a fall through could take it to the next support level of 1.2625. The pair is expected to find its first resistance at 1.2725, and a rise through could take it to the next resistance level of 1.2760. Today’s expected trading range is between 1.2600 support and 1.2800 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.2655
Support 2: 1.2625
Support 3: 1.2600
Important resistance levels:
Resistance 1: 1.2725
Resistance 2: 1.2760
Resistance 3: 1.2800