Technical analysis USDCHF for 03.06.2022
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is descending. Instrument pierced the Tenkan-se and Kijun-sen lines from bottom to top. The closest resistance is the level 0.96680. The closest support is the level 0.96130
Key levels
- 0.97270, 0.96960, 0.96680, 0.96130, 0.95850, 0.95570
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.96680, with Take Profit of 0.96960 and Stop Loss of 0.96400
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.96130, with Take Profit of 0.95850 and Stop Loss of 0.96400