Technical analysis EURCHF for 27.05.2022
27.05.2022 09:08
Intraday
Technical
The Tenkan-sen line is located below 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 descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.0281. The closest resistance is the level 1.0319
Key levels
- 1.0360, 1.0340, 1.0319, 1.0281, 1.0263, 1.0242
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 1.0319, with Take Profit of 1.0281 and Stop Loss of 1.0340
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1.0281, with Take Profit of 1.0319 and Stop Loss of 1.0263
Scenario
Recommendation
SELL LIMIT
Entry Point
1.0319
Take Profit
1.0281
Stop Loss
1.0340
Key Levels
1.0360, 1.0340, 1.0319, 1.0281, 1.0263, 1.0242
Alternative scenario
Recommendation
BUY STOP
Entry Point
1.0281
Take Profit
1.0319
Stop Loss
1.0263