Technical analysis USDCAD for 02.11.2023
02.11.2023 17:14
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains 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 1.37700. The closest resistance is the level 1.38200
Key levels
- 1.38850, 1.38200, 1.37700, 1.37200, 1.36700
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.38200, with Take Profit of 1.38850 and Stop Loss of 1.37700
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.37700, with Take Profit of 1.37200 and Stop Loss of 1.38200
Guión
Recomendación
BUY STOP
Punto de entrada
1.38200
Take Profit
1.38850
Stop Loss
1.37700
Niveles clave
1.38850, 1.38200, 1.37700, 1.37200, 1.36700
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
1.37700
Take Profit
1.37200
Stop Loss
1.38200