Technical analysis USDCAD for 29.11.2022
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. 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 1.35500. The closest resistance is the level 1.36050

Key levels
- 1.37800, 1.36800, 1.36050, 1.35500, 1.34675, 1.34000
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.36050, with Take Profit of 1.36800 and Stop Loss of 1.35500
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.35500, with Take Profit of 1.34675 and Stop Loss of 1.36050