Technical analysis EURCAD for 09.12.2021

09.12.2021 09:40
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are 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 resistance is the level 1.43625. The closest support is the level 1.43250

Key levels

  • 1.45500, 1.44875, 1.44100, 1.43625, 1.43250, 1.42850, 1.42400, 1.41690

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.43250, with Take Profit of 1.43625 and Stop Loss of 1.42850

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.42400, with Take Profit of 1.41690 and Stop Loss of 1.42850
Guión
Recomendación
BUY LIMIT

Punto de entrada
1.43250

Take Profit
1.43625

Stop Loss
1.42850

Niveles clave
1.45500, 1.44875, 1.44100, 1.43625, 1.43250, 1.42850, 1.42400, 1.41690
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.42400

Take Profit
1.41690

Stop Loss
1.42850