Technical analysis USDCHF for 29.11.2023

29.11.2023 18:18
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. 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 0.87970. The closest support is the level 0.87270

Key levels

  • 0.88880, 0.88490, 0.87970, 0.87270, 0.86910, 0.86470

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.87970, with Take Profit of 0.88490 and Stop Loss of 0.87600

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.87270, with Take Profit of 0.86910 and Stop Loss of 0.87600

Guión
Recomendación
BUY STOP

Punto de entrada
0.87970

Take Profit
0.88490

Stop Loss
0.87600

Niveles clave
0.88880, 0.88490, 0.87970, 0.87270, 0.86910, 0.86470
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.87270

Take Profit
0.86910

Stop Loss
0.87600