Technical analysis USDCHF for 19.05.2022

19.05.2022 19:05
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud turned over from ascending to descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 0.96575. The closest resistance is the level 0.97275

Key levels

  • 1.00100, 0.99325, 0.98725, 0.97925, 0.97275, 0.96575, 0.95950

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 0.96575 and Stop Loss of 0.97925

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.97925, with Take Profit of 0.98725 and Stop Loss of 0.97275
Guión
Recomendación
SELL

Punto de entrada

Take Profit
0.96575

Stop Loss
0.97925

Niveles clave
1.00100, 0.99325, 0.98725, 0.97925, 0.97275, 0.96575, 0.95950
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
0.97925

Take Profit
0.98725

Stop Loss
0.97275