Technical analysis EURCAD for 01.06.2022
01.06.2022 09:23
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains 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 1.3540. The closest resistance is the level 1.3587
Key levels
- 1.3786, 1.3695, 1.3635, 1.3587, 1.3540, 1.3482, 1.3390
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 1.3540, with Take Profit of 1.3482 and Stop Loss of 1.3587
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1.3587, with Take Profit of 1.3635 and Stop Loss of 1.3540
Guión
Recomendación
SELL STOP
Punto de entrada
1.3540
Take Profit
1.3482
Stop Loss
1.3587
Niveles clave
1.3786, 1.3695, 1.3635, 1.3587, 1.3540, 1.3482, 1.3390
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
1.3587
Take Profit
1.3635
Stop Loss
1.3540