Technical analysis USDCHF for 23.11.2021
23.11.2021 14:15
Intraday
Technical
The Tenkan-sen line crosses bottom upward the Kijun-sen line. Red is directed upwards, while blue remains 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 0.9297. The closest resistance is the level 0.9330
Key levels
- 0.9365, 0.9330, 0.9297, 09275, 0.9259, 0.9242, 0.92213, 0.9186
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 0.9365 and Stop Loss of 0.9365
Alternative scenario
- Recommended opening short positions (Sell Limit) from the level of 0.9365, with Take Profit of 0.2997 and Stop Loss of 0.2997
Scenario
Recommendation
BUY
Entry Point
0.9330
Take Profit
0.9365
Stop Loss
0.9297
Key Levels
0.9365, 0.9330, 0.9297, 09275, 0.9259, 0.9242, 0.92213, 0.9186
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
0.9365
Take Profit
0.2997
Stop Loss
0.9373