Technical analysis USDCAD for 12.01.2024
12.01.2024 17:24
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed downward. 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 1.33400. The closest resistance is the level 1.33775
Key levels
- 1.34850, 1.34275, 1.33775, 1.33400, 1.33000
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 1.33400, with Take Profit of 1.33000 and Stop Loss of 1.33775
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1.33775, with Take Profit of 1.34275 and Stop Loss of 1.33400
Guión
Recomendación
SELL STOP
Punto de entrada
1.33400
Take Profit
1.33000
Stop Loss
1.33775
Niveles clave
1.34850, 1.34275, 1.33775, 1.33400, 1.33000
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
1.33775
Take Profit
1.34275
Stop Loss
1.33400