Technical analysis USDCHF for 08.03.2024
08.03.2024 17:24
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains 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 0.88010. The closest support is the level 0.87270
Key levels
0.88780, 0.88380, 0.88010, 0.87270, 0.86870, 0.86370
Trading scenario
Recommended opening long positions (Buy Stop) from the level of 0.88010, with Take Profit of 0.88380 and Stop Loss of 0.87600
Alternative scenario
Recommended opening short positions (Sell Stop) from the level of 0.87270, with Take Profit of 0.86870 and Stop Loss of 0.87600
Guión
Recomendación
BUY STOP
Punto de entrada
0.88010
Take Profit
0.88380
Stop Loss
0.87600
Niveles clave
0.88780, 0.88380, 0.88010, 0.87270, 0.86870, 0.86370
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
0.87270
Take Profit
0.86870
Stop Loss
0.87600