Technical analysis USDCHF for 06.09.2022
06.09.2022 18:13
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, 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 0.9890. The closest resistance is the level 0.98575
Key levels
- 0.99375, 0.98575, 0.98090, 0.97450, 0.96650, 0.96200
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.98575, with Take Profit of 0.99375 and Stop Loss of 0.98090
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.98090, with Take Profit of 0.97450 and Stop Loss of 0.98575
Scenario
Recommendation
BUY STOP
Entry Point
0.98575
Take Profit
0.99375
Stop Loss
0.98090
Key Levels
0.99375, 0.98575, 0.98090, 0.97450, 0.96650, 0.96200
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.98090
Take Profit
0.97450
Stop Loss
0.98575