Technical analysis USDCHF for 10.08.2023

10.08.2023 18:10
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 0.87200. The closest resistance is the level 0.87725

Key levels

  • 0.88175, 0.87725, 0.87200, 0.86950, 0.86575

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.87200, with Take Profit of 0.87725 and Stop Loss of 0.86950

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.86950, with Take Profit of 0.86575 and Stop Loss of 0.87200

Guión
Recomendación
BUY STOP

Punto de entrada
0.87200

Take Profit
0.87725

Stop Loss
0.86950

Niveles clave
0.88175, 0.87725, 0.87200, 0.86950, 0.86575
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.86950

Take Profit
0.86575

Stop Loss
0.87200