Technical analysis EURCAD for 29.04.2022

29.04.2022 08:51
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 resistance is the level 1.35150. The closest support is the level 1.33850

Key levels

  • 1.37600, 1.36000, 1.35150, 1.33850, 1.32650, 1.31200

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.35150, with Take Profit of 1.36000 and Stop Loss of 1.34815

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.33850, with Take Profit of 1.32650 and Stop Loss of 1.34300
Guión
Recomendación
BUY STOP

Punto de entrada
1.35150

Take Profit
1.36000

Stop Loss
1.34815

Niveles clave
1.37600, 1.36000, 1.35150, 1.33850, 1.32650, 1.31200
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.33850

Take Profit
1.32650

Stop Loss
1.34300