Technical analysis USDCAD for 11.02.2022

11.02.2022 16:46
Harian
Teknikal

Tenkan-sen and Kijun-sen lines are merged. 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 1.26450. The closest resistance is the level 1.27075

Key levels

  • 1.28900, 1.28375, 1.27675, 1.27075, 1.26450, 1.25800, 1.25175, 1.24625

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 1.26450 and Stop Loss of 1.27075

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.27075, with Take Profit of 1.27675 and Stop Loss of 1.26910
Senario
Syor
SELL

Titik Entri

Take Profit
1.26450

Stop Loss
1.27075

Level utama
1.28900, 1.28375, 1.27675, 1.27075, 1.26450, 1.25800, 1.25175, 1.24625
Senario pilihan
Syor
BUY STOP

Titik Entri
1.27075

Take Profit
1.27675

Stop Loss
1.26910