Technical analysis USDCHF for 22.09.2023
22.09.2023 19:12
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 resistance is the level 0.91000. The closest support is the level 0.90200
Key levels
- 0.91790, 0.91380, 0.91000, 0.90200, 0.89830, 0.89350
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.91000, with Take Profit of 0.91380 and Stop Loss of 0.90630
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.90200, with Take Profit of 0.89830 and Stop Loss of 0.90630
Scenario
Recommendation
BUY STOP
Entry Point
0.91000
Take Profit
0.91380
Stop Loss
0.90630
Key Levels
0.91790, 0.91380, 0.91000, 0.90200, 0.89830, 0.89350
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.90200
Take Profit
0.89830
Stop Loss
0.90630