Technical analysis USDCAD for 09.01.2024

09.01.2024 14:53
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 below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.33450. The closest resistance is the level 1.34150

Key levels

  • 1.34900, 1.34150, 1.33450, 1.33175, 1.32700

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.33450, with Take Profit of 1.34150 and Stop Loss of 1.33175

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.33175, with Take Profit of 1.32700 and Stop Loss of 1.33450

Senario
Syor
BUY LIMIT

Titik Entri
1.33450

Take Profit
1.34150

Stop Loss
1.33175

Level utama
1.34900, 1.34150, 1.33450, 1.33175, 1.32700
Senario pilihan
Syor
SELL STOP

Titik Entri
1.33175

Take Profit
1.32700

Stop Loss
1.33450