Technical analysis GER.30 for 01.04.2022

The Tenkan-sen line is located below 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 trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 14500.00. The closest support is the level 14340.00

Key levels

• 15045.00, 14835.00, 14655.00, 14500.00, 14340.00, 14200.00, 14075.00, 13905.00

Trading scenario

• Recommended opening short positions (Sell Limit) from the level of 14500.00, with Take Profit of 14340.00 and Stop Loss of 14655.00

Alternative scenario

• Recommended opening long positions (Buy Stop) from the level of 14655.00, with Take Profit of 14835.00 and Stop Loss of 14500.00