Technical analysis USDCAD for 16.12.2021
16.12.2021 15:18
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.27950. The closest support is the top of the cloud
Key levels
- 1.29400, 1.28975, 1.28380, 1.27950, 1.27300, 1.26835, 1.26200, 1.25545
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 1.27300, with Take Profit of 1.26835 and Stop Loss of 1.27645
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1.28380, with Take Profit of 1.28975 and Stop Loss of 1.27950
Guión
Recomendación
SELL STOP
Punto de entrada
1.27300
Take Profit
1.26835
Stop Loss
1.27645
Niveles clave
1.29400, 1.28975, 1.28380, 1.27950, 1.27300, 1.26835, 1.26200, 1.25545
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
1.28380
Take Profit
1.28975
Stop Loss
1.27950