Technical analysis USDCAD for 29.08.2022
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 1.30075. The closest resistance is the level 1.30575

Key levels
- 1.31100, 1.30575, 1.30075, 1.29725, 1.29200
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 1.30075, with Take Profit of 1.30575 and Stop Loss of 1.29725
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.29725, with Take Profit of 1.29200 and Stop Loss of 1.30075