Technical analysis USDCAD for 16.05.2022
16.05.2022 18:54
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 ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.28810. The closest resistance is the level 1.29300
Key levels
- 1.30500, 1.30000, 1.29300, 1.28810, 1.28150, 1.27675
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 1.28810, with Take Profit of 1.28150 and Stop Loss of 1.29300
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1.29300, with Take Profit of 1.30000 and Stop Loss of 1.28810
Guión
Recomendación
SELL STOP
Punto de entrada
1.28810
Take Profit
1.28150
Stop Loss
1.29300
Niveles clave
1.30500, 1.30000, 1.29300, 1.28810, 1.28150, 1.27675
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
1.29300
Take Profit
1.30000
Stop Loss
1.28810