Technical analysis USA.30 for 27.02.2024

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 39000. The closest resistance is the level 39150

Key levels

• 39300, 39150, 39000, 38850, 38700

Trading scenario

• Recommended opening long positions (Buy Limit) from the level of 39000, with Take Profit of 39150 and Stop Loss of 38850

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 38850, with Take Profit of 38700 and Stop Loss of 39000