Technical analysis USDCHF for 01.09.2023

01.09.2023 19:17
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 turned over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.88900. The closest support is the level 0.88350

Key levels

  • 0.90200, 0.89600, 0.88900, 0.88350, 0.87940, 0.87190

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.88900, with Take Profit of 0.89600 and Stop Loss of 0.88650

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.88350, with Take Profit of 0.87940 and Stop Loss of 0.88650

Guión
Recomendación
BUY STOP

Punto de entrada
0.88900

Take Profit
0.89600

Stop Loss
0.88650

Niveles clave
0.90200, 0.89600, 0.88900, 0.88350, 0.87940, 0.87190
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.88350

Take Profit
0.87940

Stop Loss
0.88650