Technical analysis USDCAD for 06.09.2022

06.09.2022 18:34
Intradía
Técnico

The Tenkan-sen line is located below 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 below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.31100. The closest resistance is the level 1.31872

Key levels

  • 1.32475, 1.31872, 1.31100, 1.30575, 1.29950, 1.29200

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.31100, with Take Profit of 1.31872 and Stop Loss of 1.30575

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.30575, with Take Profit of 1.29950 and Stop Loss of 1.31100
Guión
Recomendación
BUY LIMIT

Punto de entrada
1.31100

Take Profit
1.31872

Stop Loss
1.30575

Niveles clave
1.32475, 1.31872, 1.31100, 1.30575, 1.29950, 1.29200
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.30575

Take Profit
1.29950

Stop Loss
1.31100