Technical analysis USDCAD for 20.02.2024

20.02.2024 15:07
Внутридневный
Технический

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is ready to roll over from ascending to descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.34550. The closest resistance is the level 1.35100

Key levels

  • 1.35500, 1.35100, 1.34550, 1.34250, 1.33900

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.34550, with Take Profit of 1.35100 and Stop Loss of 1.34250

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.34250, with Take Profit of 1.33900 and Stop Loss of 1.34550

Сценарии
Рекомендации
BUY LIMIT

Точка входа
1.34550

Take Profit
1.35100

Stop Loss
1.34250

Ключевые уровни
1.35500, 1.35100, 1.34550, 1.34250, 1.33900
Альтернативный сценарий
Рекомендации
SELL STOP

Точка входа
1.34250

Take Profit
1.33900

Stop Loss
1.34550