Technical analysis USDCAD for 06.06.2022
06.06.2022 18:08
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 support is the level 1.25400. The closest resistance is the level 1.25850
Key levels
- 1.26780, 1.26325, 1.25850, 1.25400, 1.24850
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 1.25400, with Take Profit of 1.24850 and Stop Loss of 1.25850
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1.25850, with Take Profit of 1.26325 and Stop Loss of 1.25400
Guión
Recomendación
SELL STOP
Punto de entrada
1.25400
Take Profit
1.24850
Stop Loss
1.25850
Niveles clave
1.26780, 1.26325, 1.25850, 1.25400, 1.24850
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
1.25850
Take Profit
1.26325
Stop Loss
1.25400