Technical analysis USDCHF for 20.03.2024

20.03.2024 16:28
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.88900. The closest resistance is the level 0.89200

Key levels

  • 0.89500, 0.89200, 0.88900, 0.88700, 0.88500

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 0.88900, with Take Profit of 0.89200 and Stop Loss of 0.88700

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.88700, with Take Profit of 0.88500 and Stop Loss of 0.88900

Guión
Recomendación
BUY LIMIT

Punto de entrada
0.88900

Take Profit
0.89200

Detener la pérdida de
0.88700

Niveles clave
0.89500, 0.89200, 0.88900, 0.88700, 0.88500
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.88700

Take Profit
0.88500

Detener la pérdida de
0.88900