Technical analysis USDCHF for 23.10.2023

23.10.2023 17:06
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.89550. The closest support is the level 0.88990

Key levels

  • 0.90330, 0.90050, 0.89550, 0.88990, 0.88680, 0.88130

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.89550, with Take Profit of 0.90050 and Stop Loss of 0.89250

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.88990, with Take Profit of 0.88680 and Stop Loss of 0.89250

Guión
Recomendación
BUY STOP

Punto de entrada
0.89550

Take Profit
0.90050

Stop Loss
0.89250

Niveles clave
0.90330, 0.90050, 0.89550, 0.88990, 0.88680, 0.88130
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.88990

Take Profit
0.88680

Stop Loss
0.89250