Technical analysis EURCHF for 04.07.2022
The Tenkan-sen line is located below the Kijun-sen line. Red is directed up, while blue is directed down. Confirmatory line Chikou Span is below the price chart
The Tenkan-sen line is located below the Kijun-sen line. Red is directed up, while blue is directed down. 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 resistance is the level 1.00400. The closest support is the level 0.99760
Key levels
- 1.01344, 1.00910, 1.00400, 0.99760, 0.99230, 0.98680
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.00400, with Take Profit of 1.00910 and Stop Loss of 1.00100
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.99760, with Take Profit of 0.99230 and Stop Loss of 1.00100
Николай Криштопов — рыночный аналитик Investizo с более чем 15-летним опытом работы в индустрии финансовых рынков и более чем десятилетним опытом трейдинга. В сферу его интересов входят валютный и криптовалютный рынки, технический анализ, внутридневная торговля и поведение рынка.