Technical analysis USDCAD for 16.02.2022

16.02.2022 16:47
Harian
Teknikal

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud turned over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.26425. The closest resistance is the level 1.27000


Key levels

  • 1.28275, 1.27825, 1.27450, 1.27000, 1.26425, 1.25800, 1.25200, 1.24600

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 1.26425 and Stop Loss of 1.27000

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.27000, with Take Profit of 1.27450 and Stop Loss of 1.26650
Senario
Syor
SELL

Titik Entri

Take Profit
1.26425

Stop Loss
1.27000

Level utama
1.28275, 1.27825, 1.27450, 1.27000, 1.26425, 1.25800, 1.25200, 1.24600
Senario pilihan
Syor
BUY STOP

Titik Entri
1.27000

Take Profit
1.27450

Stop Loss
1.26650