Technical analysis USDCAD for 17.10.2023
17.10.2023 18:02
Harian
Teknikal
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed above the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.36300. The closest resistance is the level 1.36675
Key levels
- 1.36950, 1.36675, 1.36300, 1.36100, 1.35800
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 1.36300, with Take Profit of 1.36675 and Stop Loss of 1.36100
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.36100, with Take Profit of 1.35800 and Stop Loss of 1.36300
Senario
Syor
BUY LIMIT
Titik Entri
1.36300
Take Profit
1.36675
Stop Loss
1.36100
Level utama
1.36950, 1.36675, 1.36300, 1.36100, 1.35800
Senario pilihan
Syor
SELL STOP
Titik Entri
1.36100
Take Profit
1.35800
Stop Loss
1.36300