Technical analysis USDCAD for 23.02.2022

23.02.2022 12:13
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 1.26675. The closest resistance is the level 1.27100

Key levels

  • 1.28900, 1.28300, 1.27675, 1.27100, 1.26675, 1.26125, 1.25650, 1.24850

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.27100, with Take Profit of 1.27675 and Stop Loss of 1.26675

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.26675, with Take Profit of 1.26125 and Stop Loss of 1.27100
Guión
Recomendación
BUY STOP

Punto de entrada
1.27100

Take Profit
1.27675

Stop Loss
1.26675

Niveles clave
1.28900, 1.28300, 1.27675, 1.27100, 1.26675, 1.26125, 1.25650, 1.24850
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.26675

Take Profit
1.26125

Stop Loss
1.27100