Technical analysis USDCAD for 06.12.2023

06.12.2023 16:30
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 descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.35525. The closest resistance is the level 1.35725

Key levels

  • 1.36000, 1.35725, 1.35525, 1.35300, 1.35050

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.35525, with Take Profit of 1.35300 and Stop Loss of 1.35725

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.35725, with Take Profit of 1.36000 and Stop Loss of 1.35525

Senario
Syor
SELL STOP

Titik Entri
1.35525

Ambil untung
1.35300

Stop Loss
1.35725

Level utama
1.36000, 1.35725, 1.35525, 1.35300, 1.35050
Senario pilihan
Syor
BUY STOP

Titik Entri
1.35725

Ambil untung
1.36000

Stop Loss
1.35525