Technical analysis EURCHF for 04.05.2022

04.05.2022 09:23
Harian
Teknikal

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 ready to roll over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.03300. The closest support is the level 1.02600

Key levels

  • 1.04530, 1.03890, 1.03300, 1.02600, 1.01980, 1.01310

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.03300, with Take Profit of 1.03890 and Stop Loss of 1.02950

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.02600, with Take Profit of 1.01980 and Stop Loss of 1.02950
Senario
Syor
BUY STOP

Titik Entri
1.03300

Take Profit
1.03890

Stop Loss
1.02950

Level utama
1.04530, 1.03890, 1.03300, 1.02600, 1.01980, 1.01310
Senario pilihan
Syor
SELL STOP

Titik Entri
1.02600

Take Profit
1.01980

Stop Loss
1.02950