Technical analysis EURCAD for 09.06.2022

09.06.2022 09:03
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below 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 1.3490. The closest resistance is the lower border of the cloud

Key levels

  • 1.3770, 1.3680, 1.3625, 1.3580, 1.3530, 1.3480, 1.3390

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 1.3380 and Stop Loss of 1.3530

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.3530, with Take Profit of 1.3580 and Stop Loss of 1.3480
Guión
Recomendación
SELL

Punto de entrada

Take Profit
1.3380

Stop Loss
1.3530

Niveles clave
1.3770, 1.3680, 1.3625, 1.3580, 1.3530, 1.3480, 1.3390
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.3530

Take Profit
1.3580

Stop Loss
1.3480