Technical analysis EURCHF for 02.05.2022

02.05.2022 02:35
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 above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.02600. The closest resistance is the level 1.03000

Key levels

  • 1.04300, 1.03600, 1.03000, 1.02600, 1.02250, 1.01650, 1.00900

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.03000, with Take Profit of 1.03600 and Stop Loss of 1.02600

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.02600, with Take Profit of 1.02250 and Stop Loss of 1.02840
Guión
Recomendación
BUY STOP

Punto de entrada
1.03000

Take Profit
1.03600

Stop Loss
1.02600

Niveles clave
1.04300, 1.03600, 1.03000, 1.02600, 1.02250, 1.01650, 1.00900
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.02600

Take Profit
1.02250

Stop Loss
1.02840