Technical analysis USDCAD for 28.11.2023

28.11.2023 17:40
Intradía
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 1.35800. The closest resistance is the level 1.36050

Key levels

  • 1.36450, 1.36225, 1.36050, 1.35800, 1.35550

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 1.36050, with Take Profit of 1.35800 and Stop Loss of 1.36225

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.36225, with Take Profit of 1.36450 and Stop Loss of 1.36050

Guión
Recomendación
SELL LIMIT

Punto de entrada
1.36050

Take Profit
1.35800

Stop Loss
1.36225

Niveles clave
1.36450, 1.36225, 1.36050, 1.35800, 1.35550
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.36225

Take Profit
1.36450

Stop Loss
1.36050