Technical analysis USDCHF for 25.10.2022
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.99660. The closest support is the level 0.99330

Key levels
- 1.00650, 1.00190, 0.99660, 0.99330, 0.99040, 0.98670
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.99660, with Take Profit of 1.00190 and Stop Loss of 0.99450
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.99330, with Take Profit of 0.99040 and Stop Loss of 0.99450