Technical analysis USDCHF for 17.05.2022

17.05.2022 18:26
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 0.9907. The closest resistance is the level 0.9969

Key levels

  • 1.0067, 1.0010, 0.9969, 0.9907, 0.9866, 0.9831

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 0.9907, with Take Profit of 0.9969 and Stop Loss of 0.9866

Alternative scenario

  • Recommended opening short positions (Sell Limit) from the level of 0.9969, with Take Profit of 0.9907 and Stop Loss of 1.0010
Guión
Recomendación
BUY LIMIT

Punto de entrada
0.9907

Take Profit
0.9969

Stop Loss
0.9866

Niveles clave
1.0067, 1.0010, 0.9969, 0.9907, 0.9866, 0.9831
Escenario alternativo
Recomendación
SELL LIMIT

Punto de entrada
0.9969

Take Profit
0.9907

Stop Loss
1.0010