Technical analysis USDCAD for 11.02.2022
11.02.2022 16:46
Intradía
Técnico
Tenkan-sen and Kijun-sen lines are merged. 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 1.26450. The closest resistance is the level 1.27075
Key levels
- 1.28900, 1.28375, 1.27675, 1.27075, 1.26450, 1.25800, 1.25175, 1.24625
Trading scenario
- Recommended opening short positions (Sell) at the current price, with Take Profit of 1.26450 and Stop Loss of 1.27075
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1.27075, with Take Profit of 1.27675 and Stop Loss of 1.26910
Guión
Recomendación
SELL
Punto de entrada
Take Profit
1.26450
Stop Loss
1.27075
Niveles clave
1.28900, 1.28375, 1.27675, 1.27075, 1.26450, 1.25800, 1.25175, 1.24625
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
1.27075
Take Profit
1.27675
Stop Loss
1.26910