Technical analysis EURCAD for 07.02.2022
07.02.2022 17:29
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above 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 top of the cloud. The closest resistance is the level 1.4635
Key levels
- 1.4825, 1.4745, 1.4635, 1.4515, 1.4430, 1.4370, 1.4305, 1.4205, 1.4100
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 1.4635 and Stop Loss of 1.4430
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.4430, with Take Profit of 1.4305 and Stop Loss of 1.4515
Guión
Recomendación
BUY
Punto de entrada
Take Profit
1.4635
Stop Loss
1.4430
Niveles clave
1.4825, 1.4745, 1.4635, 1.4515, 1.4430, 1.4370, 1.4305, 1.4205, 1.4100
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
1.4430
Take Profit
1.4305
Stop Loss
1.4515