Technical analysis USDCAD for 19.10.2022
19.10.2022 18:01
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span crosses bottom upward the price chart. In this case, the cloud is descending. Instrument adjusted to the upper border of the cloud. The closest support is the level 1.3725. The closest resistance is the level 1.3800
Key levels
- 1.3965, 1.3870, 1.3800, 1.3725, 1.3630, 1.3500
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.3800, with Take Profit of 1.3965 and Stop Loss of 1.3725
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.3725, with Take Profit of 1.3630 and Stop Loss of 1.3800
Guión
Recomendación
BUY STOP
Punto de entrada
1.3800
Take Profit
1.3965
Stop Loss
1.3725
Niveles clave
1.3965, 1.3870, 1.3800, 1.3725, 1.3630, 1.3500
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
1.3725
Take Profit
1.3630
Stop Loss
1.3800