Technical analysis EURCAD for 31.08.2022

31.08.2022 09:38
Harian
Teknikal

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.31025. The closest resistance is the level 1.31475

Key levels

  • 1.31925, 1.31475, 1.31025, 1.30700, 1.30325

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.31025, with Take Profit of 1.31475 and Stop Loss of 1.30700

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.30700, with Take Profit of 1.30325 and Stop Loss of 1.31025
Senario
Syor
BUY LIMIT

Titik Entri
1.31025

Take Profit
1.31475

Stop Loss
1.30700

Level utama
1.31925, 1.31475, 1.31025, 1.30700, 1.30325
Senario pilihan
Syor
SELL STOP

Titik Entri
1.30700

Take Profit
1.30325

Stop Loss
1.31025