Technical analysis USDCAD for 27.12.2023

27.12.2023 16:00
Harian
Teknikal

The Tenkan-sen line is located below the Kijun-sen line. 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 1.31525. The closest resistance is the level 1.32225

Key levels

  • 1.33675, 1.32800, 1.32225, 1.31525, 1.30975

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 1.32225, with Take Profit of 1.31525 and Stop Loss of 1.32800

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.32800, with Take Profit of 1.33675 and Stop Loss of 1.32225

Senario
Syor
SELL LIMIT

Titik Entri
1.32225

Take Profit
1.31525

Stop Loss
1.32800

Level utama
1.33675, 1.32800, 1.32225, 1.31525, 1.30975
Senario pilihan
Syor
BUY STOP

Titik Entri
1.32800

Take Profit
1.33675

Stop Loss
1.32225