Technical analysis EURCAD for 03.06.2022

03.06.2022 08:55
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 1.34825. The closest resistance is the level 1.35400

Key levels

  • 1.36350, 1.35875, 1.35400, 1.34825, 1.34300, 1.33925

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 1.35400, with Take Profit of 1.34825 and Stop Loss of 1.35875

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.35875, with Take Profit of 1.36350 and Stop Loss of 1.35400
Guión
Recomendación
SELL LIMIT

Punto de entrada
1.35400

Take Profit
1.34825

Stop Loss
1.35875

Niveles clave
1.36350, 1.35875, 1.35400, 1.34825, 1.34300, 1.33925
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.35875

Take Profit
1.36350

Stop Loss
1.35400