Technical analysis EURCAD for 04.01.2022

04.01.2022 16:39
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 1.4315. The closest resistance is the level 1.4380

Key levels

  • 1.4645, 1.4545, 1.4480, 1.4425, 1.4380, 1.4315, 1.4265, 1.4210

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 1.4380, with Take Profit of 1.4315 and Stop Loss of 1.4425

Alternative scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.4265, with Take Profit of 1.4380 and Stop Loss of 1.4210
Senario
Syor
SELL LIMIT

Titik Entri
1.4380

Take Profit
1.4315

Stop Loss
1.4425

Level utama
1.4645, 1.4545, 1.4480, 1.4425, 1.4380, 1.4315, 1.4265, 1.4210
Senario pilihan
Syor
BUY LIMIT

Titik Entri
1.4265

Take Profit
1.4380

Stop Loss
1.4210