Technical analysis USDCHF for 28.02.2022
28.02.2022 16:27
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red points downwards while blue points upwards. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is ascending. Instrument consolidates at the bottom of the cloud. The closest support is the level 0.9145. The closest resistance is the level 0.9190
Key levels
- 0.9370, 0.9310, 0.9270, 0.9230, 0.9190, 0.9145, 0.9090
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 0.9190, with Take Profit of 0.9145 and Stop Loss of 0.9230
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 0.9145, with Take Profit of 0.9190 and Stop Loss of 0.9125
Scenario
Recommendation
SELL LIMIT
Entry Point
0.9190
Take Profit
0.9145
Stop Loss
0.9230
Key Levels
0.9370, 0.9310, 0.9270, 0.9230, 0.9190, 0.9145, 0.9090
Alternative scenario
Recommendation
BUY STOP
Entry Point
0.9145
Take Profit
0.9190
Stop Loss
0.9125