Technical analysis USDCAD for 12.07.2023

12.07.2023 17:55
Внутридневный
Технический

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span crossed and fixed 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 1.30925. The closest resistance is the level 1.31650

Key levels

  • 1.32525, 1.32075, 1.31650, 1.30925, 1.30275

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 1.31650, with Take Profit of 1.30925 and Stop Loss of 1.32075

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.32075, with Take Profit of 1.32525 and Stop Loss of 1.31650

Сценарии
Рекомендации
SELL LIMIT

Точка входа
1.31650

Take Profit
1.30925

Stop Loss
1.32075

Ключевые уровни
1.32525, 1.32075, 1.31650, 1.30925, 1.30275
Альтернативный сценарий
Рекомендации
BUY STOP

Точка входа
1.32075

Take Profit
1.32525

Stop Loss
1.31650