Technical analysis USDCHF for 21.04.2022
21.04.2022 18:16
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains 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 0.9430. The closest resistance is the level 0.9507
Key levels
- 0.9652, 0.9578, 0.9507, 0.9430, 0.9371, 0.9314
Trading scenario
- Recommended opening short positions (Sell) at the current price, with Take Profit of 0.9430 and Stop Loss of 0.9578
Alternative scenario
- Recommended opening long positions (Buy Limit) from the level of 0.9430, with Take Profit of 0.9507 and Stop Loss of 0.9371
Scenario
Recommendation
SELL
Entry Point
Take Profit
0.9430
Stop Loss
0.9578
Key Levels
0.9652, 0.9578, 0.9507, 0.9430, 0.9371, 0.9314
Alternative scenario
Recommendation
BUY LIMIT
Entry Point
0.9430
Take Profit
0.9507
Stop Loss
0.9371