Technical analysis USDCAD for 23.11.2023
23.11.2023 15:29
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. 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 1.36825. The closest resistance is the level 1.37150
Key levels
- 1.37875, 1.37550, 1.37150, 1.36825, 1.36425
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.37150, with Take Profit of 1.37550 and Stop Loss of 1.36825
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.36825, with Take Profit of 1.36425 and Stop Loss of 1.37150
Guión
Recomendación
BUY STOP
Punto de entrada
1.37150
Take Profit
1.37550
Stop Loss
1.36825
Niveles clave
1.37875, 1.37550, 1.37150, 1.36825, 1.36425
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
1.36825
Take Profit
1.36425
Stop Loss
1.37150