Technical analysis EURCHF for 03.03.2022

03.03.2022 11:12
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are 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 1.01450. The closest resistance is the level 1.02150

Key levels

  • 1.05175, 1.04500, 1.03825, 1.03150, 1.02600, 1.02150, 1.01450, 1.00850

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 1.02150, with Take Profit of 1.01450 and Stop Loss of 1.02600

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.02600, with Take Profit of 1.03150 and Stop Loss of 1.02150
Guión
Recomendación
SELL LIMIT

Punto de entrada
1.02150

Take Profit
1.01450

Stop Loss
1.02600

Niveles clave
1.05175, 1.04500, 1.03825, 1.03150, 1.02600, 1.02150, 1.01450, 1.00850
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.02600

Take Profit
1.03150

Stop Loss
1.02150