Technical analysis USDCAD for 16.05.2022

16.05.2022 18:54
Harian
Teknikal

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 1.28810. The closest resistance is the level 1.29300

Key levels

  • 1.30500, 1.30000, 1.29300, 1.28810, 1.28150, 1.27675

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.28810, with Take Profit of 1.28150 and Stop Loss of 1.29300

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.29300, with Take Profit of 1.30000 and Stop Loss of 1.28810
Senario
Syor
SELL STOP

Titik Entri
1.28810

Take Profit
1.28150

Stop Loss
1.29300

Level utama
1.30500, 1.30000, 1.29300, 1.28810, 1.28150, 1.27675
Senario pilihan
Syor
BUY STOP

Titik Entri
1.29300

Take Profit
1.30000

Stop Loss
1.28810