Technical analysis USDCAD for 01.08.2023

01.08.2023 17:42
Внутридневный
Технический

Tenkan-sen and Kijun-sen lines are merged. 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 resistance is the level 1.33340. The closest support is the level 1.32540

Key levels

  • 1.34020, 1.33340, 1.32540, 1.31880, 1.31240

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.33340, with Take Profit of 1.34020 and Stop Loss of 1.32950

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.32540, with Take Profit of 1.31880 and Stop Loss of 1.32950

Сценарии
Рекомендации
BUY STOP

Точка входа
1.33340

Take Profit
1.34020

Stop Loss
1.32950

Ключевые уровни
1.34020, 1.33340, 1.32540, 1.31880, 1.31240
Альтернативный сценарий
Рекомендации
SELL STOP

Точка входа
1.32540

Take Profit
1.31880

Stop Loss
1.32950