Technical analysis USDCHF for 29.02.2024

29.02.2024 17:09
Внутридневный
Технический

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 ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.88380. The closest support is the level 0.87700



Key levels

0.89050, 0.88730, 0.88380, 0.87700, 0.87270, 0.86870

Trading scenario

Recommended opening long positions (Buy Stop) from the level of 0.88380, with Take Profit of 0.88730 and Stop Loss of 0.88000

Alternative scenario

Recommended opening short positions (Sell Stop) from the level of 0.87700, with Take Profit of 0.87270 and Stop Loss of 0.88000

Сценарии
Рекомендации
BUY STOP

Точка входа
0.88380

Take Profit
0.88730

Stop Loss
0.88000

Ключевые уровни
0.89050, 0.88730, 0.88380, 0.87700, 0.87270, 0.86870
Альтернативный сценарий
Рекомендации
SELL STOP

Точка входа
0.87700

Take Profit
0.87270

Stop Loss
0.88000