Technical analysis EURCAD for 23.12.2021

23.12.2021 15:40
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 below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.44665. The closest resistance is the level 1.45350

Key levels

  • 1.46125, 1.45750, 1.45350, 1.44665, 1.44225, 1.43730, 1.43315, 1.42865, 1.42130, 1.41720

Trading scenario

  • Recommended opening long positions (Buy) at the current price, with Take Profit of 1.45750 and Stop Loss of 1.44665

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.44665, with Take Profit of 1.44225 and Stop Loss of 1.45100
Guión
Recomendación
BUY

Punto de entrada

Take Profit
1.45750

Stop Loss
1.44665

Niveles clave
1.46125, 1.45750, 1.45350, 1.44665, 1.44225, 1.43730, 1.43315, 1.42865, 1.42130, 1.41720
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.44665

Take Profit
1.44225

Stop Loss
1.45100