Technical analysis USDCAD for 16.12.2022
16.12.2022 17:19
Harian
Teknikal
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span crosses bottom upward the price chart. In this case, the cloud is ready to roll over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.37400. The closest support is the level 1.36270
Key levels
- 1.38770, 1.38120, 1.37400, 1.36270, 1.35700, 1.34950
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.37400, with Take Profit of 1.38120 and Stop Loss of 1.36800
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.36270, with Take Profit of 1.35700 and Stop Loss of 1.36800
Senario
Syor
BUY STOP
Titik Entri
1.37400
Take Profit
1.38120
Stop Loss
1.36800
Level utama
1.38770, 1.38120, 1.37400, 1.36270, 1.35700, 1.34950
Senario pilihan
Syor
SELL STOP
Titik Entri
1.36270
Take Profit
1.35700
Stop Loss
1.36800