Technical analysis USDCAD for 28.12.2021

28.12.2021 16:41
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 trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.27700. The closest resistance is the level 1.28325

Key levels

  • 1.29575, 1.29175, 1.28725, 1.28325, 1.27700, 1.27300, 1.26825, 1.26450, 1.26075

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 1.27700 and Stop Loss of 1.28205

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.28325, with Take Profit of 1.28725 and Stop Loss of 1.28090
Guión
Recomendación
SELL

Punto de entrada

Take Profit
1.27700

Stop Loss
1.28205

Niveles clave
1.29575, 1.29175, 1.28725, 1.28325, 1.27700, 1.27300, 1.26825, 1.26450, 1.26075
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.28325

Take Profit
1.28725

Stop Loss
1.28090