Technical analysis USDCAD for 12.08.2022
12.08.2022 18:04
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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 1.2730. The closest resistance is the level 1.2795
Key levels
- 1.3075, 1.2950, 1.2865, 1.2795, 1.2730, 1.2650
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 1.2865 and Stop Loss of 1.2730
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.2730, with Take Profit of 1.2650 and Stop Loss of 1.2795
Guión
Recomendación
BUY
Punto de entrada
Take Profit
1.2865
Stop Loss
1.2730
Niveles clave
1.3075, 1.2950, 1.2865, 1.2795, 1.2730, 1.2650
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
1.2730
Take Profit
1.2650
Stop Loss
1.2795