Technical analysis USDCAD for 01.06.2022

01.06.2022 17:56
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 1.26325. The closest resistance is the level 1.26780

Key levels

  • 1.28175, 1.27675, 1.27250, 1.26780, 1.26325, 1.25850, 1.25300

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.26325, with Take Profit of 1.25850 and Stop Loss of 1.26780

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.26780, with Take Profit of 1.27250 and Stop Loss of 1.26325
Senario
Syor
SELL STOP

Titik Entri
1.26325

Take Profit
1.25850

Stop Loss
1.26780

Level utama
1.28175, 1.27675, 1.27250, 1.26780, 1.26325, 1.25850, 1.25300
Senario pilihan
Syor
BUY STOP

Titik Entri
1.26780

Take Profit
1.27250

Stop Loss
1.26325