Technical analysis USDCHF for 18.10.2023

18.10.2023 18:26
Harian
Teknikal

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below 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 0.90050. The closest support is the level 0.89550

Key levels

  • 0.90660, 0.90330, 0.90050, 0.89550, 0.89300, 0.88990

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.90050, with Take Profit of 0.90330 and Stop Loss of 0.89800

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.89550, with Take Profit of 0.89300 and Stop Loss of 0.89800

Senario
Syor
BUY STOP

Titik Entri
0.90050

Take Profit
0.90330

Stop Loss
0.89800

Level utama
0.90660, 0.90330, 0.90050, 0.89550, 0.89300, 0.88990
Senario pilihan
Syor
SELL STOP

Titik Entri
0.89550

Take Profit
0.89300

Stop Loss
0.89800