Technical analysis USDCAD for 27.09.2022
The Tenkan-sen line is located above the Kijun-sen line. 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 support is the level 1.37250. The closest resistance is the level 1.38500

Key levels
- 1.39950, 1.38500, 1.37250, 1.35825, 1.34200
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.38500, with Take Profit of 1.39950 and Stop Loss of 1.37250
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.37250, with Take Profit of 1.35825 and Stop Loss of 1.38500