Technical analysis USDCAD for 04.01.2024
04.01.2024 17:13
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.33325. The closest resistance is the level 1.33700
Key levels
- 1.34575, 1.34150., 1.33700, 1.33325, 1.32775
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.33700, with Take Profit of 1.34150 and Stop Loss of 1.33325
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.33325, with Take Profit of 1.32775 and Stop Loss of 1.33700
Guión
Recomendación
BUY STOP
Punto de entrada
1.33700
Take Profit
1.34150
Stop Loss
1.33325
Niveles clave
1.34575, 1.34150., 1.33700, 1.33325, 1.32775
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
1.33325
Take Profit
1.32775
Stop Loss
1.33700