Technical analysis EURCHF for 09.06.2022
09.06.2022 09:11
Intraday
Technical
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 1.0465. The closest resistance is the level 1.0490
Key levels
- 1.0550, 1.0490, 1.0465, 1.0414, 1.0350, 1.0300, 1.0250, 1.0190, 1.0090
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.0490, with Take Profit of 1.0550 and Stop Loss of 1.0465
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.0465, with Take Profit of 1.0414 and Stop Loss of 1.0490
Scenario
Recommendation
BUY STOP
Entry Point
1.0490
Take Profit
1.0550
Stop Loss
1.0465
Key Levels
1.0550, 1.0490, 1.0465, 1.0414, 1.0350, 1.0300, 1.0250, 1.0190, 1.0090
Alternative scenario
Recommendation
SELL STOP
Entry Point
1.0465
Take Profit
1.0414
Stop Loss
1.0490