Technical analysis USDCAD for 29.11.2022

29.11.2022 17:05
Intradía
Técnico

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
Guión
Recomendación
BUY STOP

Punto de entrada
1.36050

Take Profit
1.36800

Stop Loss
1.35500

Niveles clave
1.37800, 1.36800, 1.36050, 1.35500, 1.34675, 1.34000
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.35500

Take Profit
1.34675

Stop Loss
1.36050