Technical analysis USDCAD for 29.03.2022
29.03.2022 17:12
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. 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 1.24775. The closest resistance is the level 1.25275
Key levels
- 1.27290, 1.26675, 1.26200, 1.25700, 1.25275, 1.24775, 1.24175, 1.23600
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 1.25275, with Take Profit of 1.24775 and Stop Loss of 1.25700
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1.25700, with Take Profit of 1.26200 and Stop Loss of 1.25275
Guión
Recomendación
SELL LIMIT
Punto de entrada
1.25275
Take Profit
1.24775
Stop Loss
1.25700
Niveles clave
1.27290, 1.26675, 1.26200, 1.25700, 1.25275, 1.24775, 1.24175, 1.23600
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
1.25700
Take Profit
1.26200
Stop Loss
1.25275