Technical analysis USDCAD for 07.03.2024
07.03.2024 17:51
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is 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 1.34650. The closest resistance is the level 1.34950
Key levels
- 1.35250, 1.34950, 1.34650, 1.34350, 1.34100
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 1.34650, with Take Profit of 1.34350 and Stop Loss of 1.34950
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1.34950, with Take Profit of 1.35250 and Stop Loss of 1.34650
Guión
Recomendación
SELL STOP
Punto de entrada
1.34650
Take Profit
1.34350
Stop Loss
1.34950
Niveles clave
1.35250, 1.34950, 1.34650, 1.34350, 1.34100
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
1.34950
Take Profit
1.35250
Stop Loss
1.34650