Technical analysis EURCAD for 31.12.2021

31.12.2021 14:47
Harian
Teknikal

The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains 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 1.43900. The closest resistance is the level 1.44425

Key levels

  • 1.46125, 1.45525, 1.44900, 1.44425, 1.43900, 1.43350, 1.42850, 1.42300

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.43900, with Take Profit of 1.43350 and Stop Loss of 1.44425

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.44425, with Take Profit of 1.44900 and Stop Loss of 1.43900
Senario
Syor
SELL STOP

Titik Entri
1.43900

Take Profit
1.43350

Stop Loss
1.44425

Level utama
1.46125, 1.45525, 1.44900, 1.44425, 1.43900, 1.43350, 1.42850, 1.42300
Senario pilihan
Syor
BUY STOP

Titik Entri
1.44425

Take Profit
1.44900

Stop Loss
1.43900