Technical analysis USDCAD for 29.09.2023

29.09.2023 16:04
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.34200. The closest resistance is the level 1.34675

Key levels

  • 1.34825, 1.34575, 1.34200, 1.33925, 1.33575

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.34200, with Take Profit of 1.34575 and Stop Loss of 1.33925

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.33925, with Take Profit of 1.33575 and Stop Loss of 1.34200

Guión
Recomendación
BUY LIMIT

Punto de entrada
1.34200

Take Profit
1.34575

Stop Loss
1.33925

Niveles clave
1.34825, 1.34575, 1.34200, 1.33925, 1.33575
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.33925

Take Profit
1.33575

Stop Loss
1.34200