Technical analysis USDCAD for 16.06.2023
16.06.2023 17:58
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.31750. The closest resistance is the level 1.32200
Key levels
- 1.33200, 1.32700, 1.32200, 1.31750, 1.31075
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 1.31750, with Take Profit of 1.31075 and Stop Loss of 1.32200
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1.32200, with Take Profit of 1.32700 and Stop Loss of 1.31750
Guión
Recomendación
SELL STOP
Punto de entrada
1.31750
Take Profit
1.31075
Stop Loss
1.32200
Niveles clave
1.33200, 1.32700, 1.32200, 1.31750, 1.31075
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
1.32200
Take Profit
1.32700
Stop Loss
1.31750