Technical analysis EURCHF for 05.09.2022

05.09.2022 07:48
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is above 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 0.97150. The closest resistance is the level 0.97400

Key levels

  • 0.98125, 0.97750, 0.97400, 0.97150, 0.96800

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.97150, with Take Profit of 0.96800 and Stop Loss of 0.97400

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.97400, with Take Profit of 0.97750 and Stop Loss of 0.97150
Guión
Recomendación
SELL STOP

Punto de entrada
0.97150

Take Profit
0.96800

Stop Loss
0.97400

Niveles clave
0.98125, 0.97750, 0.97400, 0.97150, 0.96800
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
0.97400

Take Profit
0.97750

Stop Loss
0.97150