Technical analysis USDCHF for 26.02.2024

26.02.2024 16:56
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Blue is directed downward, while red remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.88380. The closest support is the level 0.87700


Key levels

0.89050, 0.88730, 0.88380, 0.87700, 0.87270, 0.86870

Trading scenario

Recommended opening long positions (Buy Stop) from the level of 0.88380, with Take Profit of 0.88730 and Stop Loss of 0.88000

Alternative scenario

Recommended opening short positions (Sell Stop) from the level of 0.87700, with Take Profit of 0.87270 and Stop Loss of 0.88000

Guión
Recomendación
BUY STOP

Punto de entrada
0.88380

Take Profit
0.88730

Stop Loss
0.88000

Niveles clave
0.89050, 0.88730, 0.88380, 0.87700, 0.87270, 0.86870
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.87700

Take Profit
0.87270

Stop Loss
0.88000