Technical analysis USDCAD for 09.01.2024

09.01.2024 14:53
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 below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.33450. The closest resistance is the level 1.34150

Key levels

  • 1.34900, 1.34150, 1.33450, 1.33175, 1.32700

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.33450, with Take Profit of 1.34150 and Stop Loss of 1.33175

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.33175, with Take Profit of 1.32700 and Stop Loss of 1.33450

Guión
Recomendación
BUY LIMIT

Punto de entrada
1.33450

Take Profit
1.34150

Stop Loss
1.33175

Niveles clave
1.34900, 1.34150, 1.33450, 1.33175, 1.32700
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.33175

Take Profit
1.32700

Stop Loss
1.33450