Technical analysis USDCAD for 04.01.2024

04.01.2024 17:13
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 ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.33325. The closest resistance is the level 1.33700

Key levels

  • 1.34575, 1.34150., 1.33700, 1.33325, 1.32775

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.33700, with Take Profit of 1.34150 and Stop Loss of 1.33325

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.33325, with Take Profit of 1.32775 and Stop Loss of 1.33700

Senario
Syor
BUY STOP

Titik Entri
1.33700

Take Profit
1.34150

Stop Loss
1.33325

Level utama
1.34575, 1.34150., 1.33700, 1.33325, 1.32775
Senario pilihan
Syor
SELL STOP

Titik Entri
1.33325

Take Profit
1.32775

Stop Loss
1.33700