Technical analysis USDCHF for 31.03.2022
31.03.2022 17:03
Intraday
Technical
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 turned over from ascending to descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 0.9225. The closest resistance is the level 0.9265
Key levels
- 0.9370, 0.9300, 0.9265, 0.9225, 0.9195, 0.9150, 0.9125
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 0.9265 and Stop Loss of 0.9195
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.9195, with Take Profit of 0.9150 and Stop Loss of 0.9225
Scenario
Recommendation
BUY
Entry Point
Take Profit
0.9265
Stop Loss
0.9195
Key Levels
0.9370, 0.9300, 0.9265, 0.9225, 0.9195, 0.9150, 0.9125
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.9195
Take Profit
0.9150
Stop Loss
0.9225