Technical analysis EURUSD for 10.02.2022

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

Key levels

• 1.15525, 1.15025, 1.14550 , 1.13975, 1.13450, 1.13075, 1.12350, 1.11725

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 1.14550, with Take Profit of 1.15025 and Stop Loss of 1.14150

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 1.13975, with Take Profit of 1.13450 and Stop Loss of 1.14450