Technical analysis USDCAD for 07.03.2024

07.03.2024 17:51
Внутридневный
Технический

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below 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 1.34650. The closest resistance is the level 1.34950

Key levels

  • 1.35250, 1.34950, 1.34650, 1.34350, 1.34100

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.34650, with Take Profit of 1.34350 and Stop Loss of 1.34950

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.34950, with Take Profit of 1.35250 and Stop Loss of 1.34650

Сценарии
Рекомендации
SELL STOP

Точка входа
1.34650

Take Profit
1.34350

Stop Loss
1.34950

Ключевые уровни
1.35250, 1.34950, 1.34650, 1.34350, 1.34100
Альтернативный сценарий
Рекомендации
BUY STOP

Точка входа
1.34950

Take Profit
1.35250

Stop Loss
1.34650