Technical analysis USDCAD for 12.10.2022

12.10.2022 18:06
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Blue is directed upwards, while red remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.38490. The closest support is the level 1.37190

Key levels

  • 1.39440, 1.38950, 1.38490, 1.37190, 1.36340, 1.35700

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.38490, with Take Profit of 1.38950 and Stop Loss of 1.37750

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.37190, with Take Profit of 1.36340 and Stop Loss of 1.37750
Guión
Recomendación
BUY STOP

Punto de entrada
1.38490

Take Profit
1.38950

Stop Loss
1.37750

Niveles clave
1.39440, 1.38950, 1.38490, 1.37190, 1.36340, 1.35700
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.37190

Take Profit
1.36340

Stop Loss
1.37750