Technical analysis USDCHF for 15.06.2022

15.06.2022 18:22
Intraday
Technical

The Tenkan-sen line is located above the Kijun-sen line. Both lines are 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 0.9980. The closest resistance is the level 1.0065

Key levels

  • 1.0174, 1.0065, 1.9980, 0.9890, 0.9800, 0.9720

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.0065, with Take Profit of 1.0174 and Stop Loss of 0.9980

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.9980, with Take Profit of 0.9890 and Stop Loss of 1.0065
Scenario
Recommendation
BUY STOP

Entry Point
1.0065

Take Profit
1.0174

Stop Loss
0.9980

Key Levels
1.0174, 1.0065, 0.9980, 0.9890, 0.9800, 0.9720
Alternative scenario
Recommendation
SELL STOP

Entry Point
0.9980

Take Profit
0.9890

Stop Loss
1.0065