Technical analysis USDCHF for 26.04.2024

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 0.91150. The closest resistance is the level 0.91550

Key levels

• 0.91800, 0.91550, 0.91150, 0.90900, 0.90650

Trading scenario

• Recommended opening long positions (Buy Limit) from the level of 0.91150, with Take Profit of 0.91550 and Stop Loss of 0.90900

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 0.90900, with Take Profit of 0.90650 and Stop Loss of 0.91150