Technical analysis USDCAD for 17.09.2024
17.09.2024 09:51
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines
Key levels
1.35042, 1.35354, 1.35650, 1.36010, 1.36202
Trading scenario
Recommended opening short positions (Sell Limit) from the level of 1.36010, with Take Profit of 1.35354 and Stop Loss of 1.36202
Alternative scenario
Recommended opening long positions (Buy Limit) from the level of 1.35354, with Take Profit of 1.36010 and Stop Loss of 1.35042
Scenario
Recommendation
SELL LIMIT
Entry Point
1.36010
Take Profit
1.35354
Stop Loss
1.36202
Key Levels
1.35042, 1.35354, 1.35650, 1.36010, 1.36202
Alternative scenario
Recommendation
BUY LIMIT
Entry Point
1.35354
Take Profit
1.36010
Stop Loss
1.35042