Technical analysis USDCAD for 01.08.2023
01.08.2023 17:42
Intradía
Técnico
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. 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 resistance is the level 1.33340. The closest support is the level 1.32540
Key levels
- 1.34020, 1.33340, 1.32540, 1.31880, 1.31240
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.33340, with Take Profit of 1.34020 and Stop Loss of 1.32950
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.32540, with Take Profit of 1.31880 and Stop Loss of 1.32950
Guión
Recomendación
BUY STOP
Punto de entrada
1.33340
Take Profit
1.34020
Stop Loss
1.32950
Niveles clave
1.34020, 1.33340, 1.32540, 1.31880, 1.31240
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
1.32540
Take Profit
1.31880
Stop Loss
1.32950