Technical analysis USDCAD for 16.03.2022
16.03.2022 16:44
Intradía
Técnico
The Tenkan-sen line crosses from top to bottom 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 turned over from ascending to descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.2760. The closest support is the level 1.2720
Key levels
- 1.2900, 1.2830, 1.2785, 1.2760, 1.2720, 1.2690, 1.2650, 1.2620
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 1.2760 and Stop Loss of 1.2720
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.2720, with Take Profit of 1.2650 and Stop Loss of 1.2760
Guión
Recomendación
BUY
Punto de entrada
Take Profit
1.2760
Stop Loss
1.2720
Niveles clave
1.2900, 1.2830, 1.2785, 1.2760, 1.2720, 1.2690, 1.2650, 1.2620
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
1.2720
Take Profit
1.2650
Stop Loss
1.2760