Technical analysis EURCHF for 20.05.2022
20.05.2022 09:09
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 resistance is the level 1.03000. The closest support is the level 1.02600
Key levels
- 1.04300, 1.03600, 1.03000, 1.02600, 1.02250, 1.01650
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.03000, with Take Profit of 1.03600 and Stop Loss of 1.03245
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.02600, with Take Profit of 1.02250 and Stop Loss of 1.03245
Guión
Recomendación
BUY STOP
Punto de entrada
1.03000
Take Profit
1.03600
Stop Loss
1.03245
Niveles clave
1.04300, 1.03600, 1.03000, 1.02600, 1.02250, 1.01650
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
1.02600
Take Profit
1.02250
Stop Loss
1.03245