Technical analysis USDCHF for 21.11.2023

21.11.2023 17:03
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 0.88490. The closest support is the level 0.87970

Key levels

  • 0.89300, 0.88880, 0.88490, 0.87970, 0.87610, 0.87270

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.88490, with Take Profit of 0.88880 and Stop Loss of 0.88200

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.87970, with Take Profit of 0.87610 and Stop Loss of 0.88200

Guión
Recomendación
BUY STOP

Punto de entrada
0.88490

Take Profit
0.88880

Stop Loss
0.88200

Niveles clave
0.89300, 0.88880, 0.88490, 0.87970, 0.87610, 0.87270
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.87970

Take Profit
0.87610

Stop Loss
0.88200