Technical analysis USDCAD for 17.10.2023
17.10.2023 18:02
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 descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.36300. The closest resistance is the level 1.36675
Key levels
- 1.36950, 1.36675, 1.36300, 1.36100, 1.35800
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 1.36300, with Take Profit of 1.36675 and Stop Loss of 1.36100
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.36100, with Take Profit of 1.35800 and Stop Loss of 1.36300
Guión
Recomendación
BUY LIMIT
Punto de entrada
1.36300
Take Profit
1.36675
Stop Loss
1.36100
Niveles clave
1.36950, 1.36675, 1.36300, 1.36100, 1.35800
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
1.36100
Take Profit
1.35800
Stop Loss
1.36300