Technical analysis USDCAD for 11.12.2023

11.12.2023 16:26
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 1.35375. The closest resistance is the level 1.35800

Key levels

  • 1.36350, 1.36000, 1.35800, 1.35375, 1.35075

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 1.35800, with Take Profit of 1.35375 and Stop Loss of 1.36000

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.36000, with Take Profit of 1.36350 and Stop Loss of 1.35800

Guión
Recomendación
SELL LIMIT

Punto de entrada
1.35800

Take Profit
1.35375

Detener la pérdida de
1.36000

Niveles clave
1.36350, 1.36000, 1.35800, 1.35375, 1.35075
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.36000

Take Profit
1.36350

Detener la pérdida de
1.35800