Technical analysis USDCHF for 19.04.2022
19.04.2022 18:21
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 resistance is the level 0.95070. The closest support is the level 0.94300
Key levels
- 0.96520, 0.95780, 0.95070, 0.94300, 0.93710, 0.93140
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.95070, with Take Profit of 0.95780 and Stop Loss of 0.94650
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.94300, with Take Profit of 0.93710 and Stop Loss of 0.94650
Scenario
Recommendation
BUY STOP
Entry Point
0.95070
Take Profit
0.95780
Stop Loss
0.94650
Key Levels
0.96520, 0.95780, 0.95070, 0.94300, 0.93710, 0.93140
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.94300
Take Profit
0.93710
Stop Loss
0.94650