Technical analysis USDCAD for 24.10.2022

24.10.2022 18:01
Harian
Teknikal

Tenkan-sen and Kijun-sen lines are merged. 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 1.3725. The closest resistance is the level 1.3800

Key levels

  • 1.3965, 1.3870, 1.3800, 1.3725, 1.3630, 1.3500

Trading scenario

  • Recommended opening long positions (Buy) at the current price, with Take Profit of 1.3870 and Stop Loss of 1.3630

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.3630, with Take Profit of 1.3500 and Stop Loss of 1.3725
Senario
Syor
BUY

Titik Entri

Take Profit
1.3870

Stop Loss
1.3630

Level utama
1.3965, 1.3870, 1.3800, 1.3725, 1.3630, 1.3500
Senario pilihan
Syor
SELL STOP

Titik Entri
1.3630

Take Profit
1.3500

Stop Loss
1.3725