Technical analysis USDCAD for 30.10.2023

30.10.2023 17:39
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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 1.38200. The closest resistance is the level 1.38800

Key levels

  • 1.39200, 1.38800, 1.38200, 1.37825, 1.37400

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.38200, with Take Profit of 1.38800 and Stop Loss of 1.37825

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.37825, with Take Profit of 1.37400 and Stop Loss of 1.38200

Senario
Syor
BUY LIMIT

Titik Entri
1.38200

Take Profit
1.38800

Stop Loss
1.37825

Level utama
1.39200, 1.38800, 1.38200, 1.37825, 1.37400
Senario pilihan
Syor
SELL STOP

Titik Entri
1.37825

Take Profit
1.37400

Stop Loss
1.38200