Technical analysis USDCAD for 24.05.2022

24.05.2022 18:12
Harian
Teknikal

The Tenkan-sen line is located below the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.28540. The closest resistance is the level 1.29125

Key levels

  • 1.30125, 1.29625, 1.29125, 1.28540, 1.28075, 1.27600

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.28540, with Take Profit of 1.29125 and Stop Loss of 1.28075

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.28075, with Take Profit of 1.27600 and Stop Loss of 1.28540
Senario
Syor
BUY LIMIT

Titik Entri
1.28540

Take Profit
1.29125

Stop Loss
1.28075

Level utama
1.30125, 1.29625, 1.29125, 1.28540, 1.28075, 1.27600
Senario pilihan
Syor
SELL STOP

Titik Entri
1.28075

Take Profit
1.27600

Stop Loss
1.28540