Technical analysis USDCAD for 07.08.2023

07.08.2023 17:35
Harian
Teknikal

The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. 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 1.33575. The closest resistance is the level 1.33975

Key levels

  • 1.34200, 1.33975, 1.33575, 1.33375, 1.33125

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.33575, with Take Profit of 1.33975 and Stop Loss of 1.33375

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.33375, with Take Profit of 1.33125 and Stop Loss of 1.33575

Senario
Syor
BUY LIMIT

Titik Entri
1.33575

Take Profit
1.33975

Stop Loss
1.33375

Level utama
1.34200, 1.33975, 1.33575, 1.33375, 1.33125
Senario pilihan
Syor
SELL STOP

Titik Entri
1.33375

Take Profit
1.33125

Stop Loss
1.33575