Technical analysis EURCAD for 17.06.2022

17.06.2022 09:05
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.3635. 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 long positions (Buy Stop) from the level of 1.3635, with Take Profit of 1.3695 and Stop Loss of 1.3587

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.3587, with Take Profit of 1.3482 and Stop Loss of 1.3635
Guión
Recomendación
BUY STOP

Punto de entrada
1.3635

Take Profit
1.3695

Stop Loss
1.3587

Niveles clave
1.3786, 1.3695, 1.3635, 1.3587, 1.3540, 1.3482, 1.3390
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.3587

Take Profit
1.3482

Stop Loss
1.3635