Technical analysis USDCAD for 23.11.2023

23.11.2023 15:29
Teknikal

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. 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 1.36825. The closest resistance is the level 1.37150

Key levels

  • 1.37875, 1.37550, 1.37150, 1.36825, 1.36425

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.37150, with Take Profit of 1.37550 and Stop Loss of 1.36825

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.36825, with Take Profit of 1.36425 and Stop Loss of 1.37150

Senario
Syor
BUY STOP

Titik Entri
1.37150

Take Profit
1.37550

Stop Loss
1.36825

Level utama
1.37875, 1.37550, 1.37150, 1.36825, 1.36425
Senario pilihan
Syor
SELL STOP

Titik Entri
1.36825

Take Profit
1.36425

Stop Loss
1.37150