Technical analysis USDCHF for 08.01.2024

08.01.2024 01:52
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 0.84700. The closest resistance is the level 0.85400

Key levels

  • 0.86450, 0.85800, 0.85400, 0.84700, 0.84225

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 0.85400, with Take Profit of 0.84700 and Stop Loss of 0.85800

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.85800, with Take Profit of 0.86450 and Stop Loss of 0.85400

Guión
Recomendación
SELL LIMIT

Punto de entrada
0.85400

Take Profit
0.84700

Stop Loss
0.85800

Niveles clave
0.86450, 0.85800, 0.85400, 0.84700, 0.84225
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
0.85800

Take Profit
0.86450

Stop Loss
0.85400