Technical analysis USDCHF for 31.07.2023
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.87190. The closest support is the level 0.86540

Key levels
- 0.88320, 0.87780, 0.87190, 0.86540, 0.86220, 0.85800
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.87190, with Take Profit of 0.87780 and Stop Loss of 0.86850
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.86540, with Take Profit of 0.86220 and Stop Loss of 0.86850