Technical analysis USDCHF for 10.06.2022
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.9870. The closest resistance is the level 0.9940
Key levels
- 1.0050, 0.9940, 0.9870, 0.9800, 0.9740, 0.9670, 0.9550
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.9940, with Take Profit of 1.0050 and Stop Loss of 0.9870
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.9870, with Take Profit of 0.9800 and Stop Loss of 0.9940