Technical analysis USDCAD for 20.07.2022

20.07.2022 18:52
Внутридневный
Технический

The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains 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 resistance is the level 1.29170. The closest support is the level 1.28440

Key levels

  • 1.30300, 1.29780, 1.29170, 1.28440, 1.27970, 1.27470

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.29170, with Take Profit of 1.29780 and Stop Loss of 1.28750

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.28440, with Take Profit of 1.27970 and Stop Loss of 1.28750
Сценарии
Рекомендации
BUY STOP

Точка входа
1.29170

Take Profit
1.29780

Stop Loss
1.28750

Ключевые уровни
1.30300, 1.29780, 1.29170, 1.28440, 1.27970, 1.27470
Альтернативный сценарий
Рекомендации
SELL STOP

Точка входа
1.28440

Take Profit
1.27970

Stop Loss
1.28750