Technical analysis EURCHF for 24.10.2022

24.10.2022 09:18
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.98720. The closest support is the level 0.97890

Key levels

  • 0.99880, 0.99360, 0.98720, 0.97890, 0.97270, 0.96820

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.98720, with Take Profit of 0.99360 and Stop Loss of 0.98200

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.97890, with Take Profit of 0.97270 and Stop Loss of 0.98200
Guión
Recomendación
BUY STOP

Punto de entrada
0.98720

Take Profit
0.99360

Stop Loss
0.98200

Niveles clave
0.99880, 0.99360, 0.98720, 0.97890, 0.97270, 0.96820
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.97890

Take Profit
0.97270

Stop Loss
0.98200