Technical analysis USDCAD for 11.10.2024

11.10.2024 18:12
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 1.37600. The closest resistance is the level 1.38050

Key levels

  • 1.38550, 1.38050, 1.37600, 1.37350, 1.36850

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.37600, with Take Profit of 1.38050 and Stop Loss of 1.37350

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.37350, with Take Profit of 1.36850 and Stop Loss of 1.37600

Guión
Recomendación
BUY LIMIT

Punto de entrada
1.37600

Take Profit
1.38050

Detener la pérdida de
1.37350

Niveles clave
1.38550, 1.38050, 1.37600, 1.37350, 1.36850
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.37350

Take Profit
1.36850

Detener la pérdida de
1.37600