Technical analysis USDCAD for 24.05.2022
24.05.2022 18:12
Intradía
Técnico
The Tenkan-sen line is located below 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 is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.28540. The closest resistance is the level 1.29125
Key levels
- 1.30125, 1.29625, 1.29125, 1.28540, 1.28075, 1.27600
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 1.28540, with Take Profit of 1.29125 and Stop Loss of 1.28075
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.28075, with Take Profit of 1.27600 and Stop Loss of 1.28540
Guión
Recomendación
BUY LIMIT
Punto de entrada
1.28540
Take Profit
1.29125
Stop Loss
1.28075
Niveles clave
1.30125, 1.29625, 1.29125, 1.28540, 1.28075, 1.27600
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
1.28075
Take Profit
1.27600
Stop Loss
1.28540