Technical analysis EURCHF for 27.06.2022
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 1.0100. The closest resistance is the level 1.0180
Key levels
- 1.0515, 1.0385, 1.0305, 1.0240, 1.0180, 1.0100, 1.0050, 0.9970
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 1.0180 and Stop Loss of 1.0050
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.0050, with Take Profit of 0.9970 and Stop Loss of 1.0100