Technical analysis EURCAD for 25.02.2022
25.02.2022 16:31
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. 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 1.4305. The closest resistance is the level 1.4330
Key levels
- 1.4635, 1.4515, 1.4430, 1.4370, 1.4305, 1.4205, 1.4100
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 1.4305, with Take Profit of 1.4205 and Stop Loss of 1.4370
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1.4370, with Take Profit of 1.4430 and Stop Loss of 1.4340
Guión
Recomendación
SELL STOP
Punto de entrada
1.4305
Take Profit
1.4205
Stop Loss
1.4370
Niveles clave
1.4635, 1.4515, 1.4430, 1.4370, 1.4305, 1.4205, 1.4100
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
1.4370
Take Profit
1.4430
Stop Loss
1.4340