Technical analysis USDCAD for 12.09.2022

12.09.2022 19:53
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 descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.2920. The closest resistance is the level 1.2975

Key levels

  • 1.3205, 1.3115, 1.3065, 1.3020, 1.2975, 1.2920, 1.2830

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 1.2920 and Stop Loss of 1.3020

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.3020, with Take Profit of 1.3065 and Stop Loss of 1.2975
Senario
Syor
SELL

Titik Entri

Take Profit
1.2920

Stop Loss
1.3020

Level utama
1.3205, 1.3115, 1.3065, 1.3020, 1.2975, 1.2920, 1.2830
Senario pilihan
Syor
BUY STOP

Titik Entri
1.3020

Take Profit
1.3065

Stop Loss
1.2975