Technical analysis USDCHF for 02.02.2022
02.02.2022 10:27
Intraday
Technical
The Tenkan-sen line crosses from top to bottom the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span crosses from top to bottom 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 0.9195. The closest resistance is the level 0.9150
Key levels
- 0.9370, 0.9300, 0.9265, 0.9230, 0.9195, 0.9150, 0.9125, 0.9085
Trading scenario
- Recommended opening short positions (Sell) at the current price, with Take Profit of 0.9150 and Stop Loss of 0.9230
Alternative scenario
- Recommended opening long positions (Buy Limit) from the level of 0.9150, with Take Profit of 0.9195 and Stop Loss of 0.9125
Scenario
Recommendation
SELL
Entry Point
Take Profit
0.9150
Stop Loss
0.9230
Key Levels
0.9370, 0.9300, 0.9265, 0.9230, 0.9195, 0.9150, 0.9125, 0.9085
Alternative scenario
Recommendation
BUY LIMIT
Entry Point
0.9150
Take Profit
0.9195
Stop Loss
0.9125