Technical analysis USDCHF for 11.03.2022
11.03.2022 16:05
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. 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 0.92750. The closest resistance is the level 0.93200
Key levels
- 0.94075, 0.93600, 0.93200, 0.92750, 0.92300, 0.91925, 0.91525
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.93200, with Take Profit of 0.93600 and Stop Loss of 0.93000
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.92750, with Take Profit of 0.92300 and Stop Loss of 0.93200
Scenario
Recommendation
BUY STOP
Entry Point
0.93200
Take Profit
0.93600
Stop Loss
0.93000
Key Levels
0.94075, 0.93600, 0.93200, 0.92750, 0.92300, 0.91925, 0.91525
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.92750
Take Profit
0.92300
Stop Loss
0.93200