Technical analysis USDCAD for 02.12.2021

02.12.2021 10:08
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Red points downwards while blue points upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.2730. The closest resistance is the level 1.2838

Key levels

  • 1.2955, 1.2890, 1.2838, 1.2730, 1.2645, 1.2585, 1.2500, 1.2430, 1.2300

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.2730, with Take Profit of 1.2838 and Stop Loss of 1.2703

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.2838, with Take Profit of 1.2955 and Stop Loss of 1.2795
Guión
Recomendación
BUY LIMIT

Punto de entrada
1.2730

Take Profit
1.2838

Stop Loss
1.2703

Niveles clave
1.2955, 1.2890, 1.2838, 1.2730, 1.2645, 1.2585, 1.2500, 1.2430, 1.2300
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.2838

Take Profit
1.2955

Stop Loss
1.2795