Technical analysis EURCHF for 30.06.2022
30.06.2022 09:08
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 0.9965. The closest resistance is the level 1.0050
Key levels
- 1.0210, 1.0120, 1.0050, 0.9965, 0.9880, 0.9800
Trading scenario
- Recommended opening short positions (Sell) at the current price, with Take Profit of 0.9880 and Stop Loss of 1.0050
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1.0050, with Take Profit of 1.0210 and Stop Loss of 0.9965
Scenario
Recommendation
SELL
Entry Point
Take Profit
0.9880
Stop Loss
1.0050
Key Levels
1.0210, 1.0120, 1.0050, 0.9965, 0.9880, 0.9800
Alternative scenario
Recommendation
BUY STOP
Entry Point
1.0050
Take Profit
1.0210
Stop Loss
0.9965