Technical analysis USDCHF for 08.11.2023

08.11.2023 17:08
Intradía
Técnico

The Tenkan-sen line is located below 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 trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.90330. The closest support is the level 0.89750

Key levels

  • 0.91660, 0.91030, 0.90330, 0.89750, 0.89300, 0.88880

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.90330, with Take Profit of 0.91030 and Stop Loss of 0.90050

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.89750, with Take Profit of 0.89300 and Stop Loss of 0.90050

Guión
Recomendación
BUY STOP

Punto de entrada
0.90330

Take Profit
0.91030

Stop Loss
0.90050

Niveles clave
0.91660, 0.91030, 0.90330, 0.89750, 0.89300, 0.88880
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.89750

Take Profit
0.89300

Stop Loss
0.90050