Technical analysis USDCAD for 18.05.2023
18.05.2023 18:54
Intradía
Técnico
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed 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 1.34875. The closest resistance is the level 1.35250
Key levels
- 1.36050, 1.35675, 1.35250, 1.34875, 1.34450
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 1.35250 and Stop Loss of 1.34875
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.34875, with Take Profit of 1.34450 and Stop Loss of 1.35250
Guión
Recomendación
BUY
Punto de entrada
Take Profit
1.35250
Stop Loss
1.34875
Niveles clave
1.36050, 1.35675, 1.35250, 1.34875, 1.34450
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
1.34875
Take Profit
1.34450
Stop Loss
1.35250