Technical analysis EURCAD for 12.04.2022

12.04.2022 09:16
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is descending. Instrument entered the cloud. The closest support is the level 1.3735. The closest resistance is the level 1.3785

Key levels

  • 1.3980, 1.3885, 1.3825, 1.3785, 1.3735, 1.3670, 1.3585

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.3735, with Take Profit of 1.3670 and Stop Loss of 1.3785

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.3785, with Take Profit of 1.3885 and Stop Loss of 1.3735
Guión
Recomendación
SELL STOP

Punto de entrada
1.3735

Take Profit
1.3670

Stop Loss
1.3785

Niveles clave
1.3980, 1.3885, 1.3825, 1.3785, 1.3735, 1.3670, 1.3585
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.3785

Take Profit
1.3885

Stop Loss
1.3735