Technical analysis EURCHF for 28.10.2022

28.10.2022 07:00
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 trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 0.98500. The closest resistance is the level 0.99000

Key levels

  • 0.99550, 0.99000, 0.98500, 0.98000, 0.97400

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.98500, with Take Profit of 0.98000 and Stop Loss of 0.99000

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.99000, with Take Profit of 0.99550 and Stop Loss of 0.98500
Guión
Recomendación
SELL STOP

Punto de entrada
0.98500

Take Profit
0.98000

Stop Loss
0.99000

Niveles clave
0.99550, 0.99000, 0.98500, 0.98000, 0.97400
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
0.99000

Take Profit
0.99550

Stop Loss
0.98500