Technical analysis USDCAD for 29.03.2022

29.03.2022 17:12
Harian
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 1.24775. The closest resistance is the level 1.25275

Key levels

  • 1.27290, 1.26675, 1.26200, 1.25700, 1.25275, 1.24775, 1.24175, 1.23600

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 1.25275, with Take Profit of 1.24775 and Stop Loss of 1.25700

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.25700, with Take Profit of 1.26200 and Stop Loss of 1.25275
Senario
Syor
SELL LIMIT

Titik Entri
1.25275

Take Profit
1.24775

Stop Loss
1.25700

Level utama
1.27290, 1.26675, 1.26200, 1.25700, 1.25275, 1.24775, 1.24175, 1.23600
Senario pilihan
Syor
BUY STOP

Titik Entri
1.25700

Take Profit
1.26200

Stop Loss
1.25275