Technical analysis USDCAD for 06.06.2022

06.06.2022 18:08
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 1.25400. The closest resistance is the level 1.25850

Key levels

  • 1.26780, 1.26325, 1.25850, 1.25400, 1.24850

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.25400, with Take Profit of 1.24850 and Stop Loss of 1.25850

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.25850, with Take Profit of 1.26325 and Stop Loss of 1.25400
Senario
Syor
SELL STOP

Titik Entri
1.25400

Take Profit
1.24850

Stop Loss
1.25850

Level utama
1.26780, 1.26325, 1.25850, 1.25400, 1.24850
Senario pilihan
Syor
BUY STOP

Titik Entri
1.25850

Take Profit
1.26325

Stop Loss
1.25400