Technical analysis USDCAD for 07.10.2022
07.10.2022 18:06
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Red is directed up, while blue is directed down. Confirmatory line Chikou Span is below the price chart. In this case, the cloud turned over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.37190. The closest support is the level 1.36140
Key levels
- 1.38290, 1.37910, 1.37190, 1.36140, 1.35700, 1.35140
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.37190, with Take Profit of 1.37910 and Stop Loss of 1.36500
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.36140, with Take Profit of 1.35700 and Stop Loss of 1.36500
Guión
Recomendación
BUY STOP
Punto de entrada
1.37190
Take Profit
1.37910
Stop Loss
1.36500
Niveles clave
1.38290, 1.37910, 1.37190, 1.36140, 1.35700, 1.35140
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
1.36140
Take Profit
1.35700
Stop Loss
1.36500