Technical analysis USDCHF for 29.02.2024
29.02.2024 17:09
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 ascending. Instrument is trading below 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