Technical analysis EURJPY for 13.04.2022

The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument adjusted to the Kijun-sen line. The closest resistance is the level 136.250. The closest support is the level 135.100

Key levels

• 138.050, 137.000, 136.250, 135.100, 134.350, 133.600

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 136.250, with Take Profit of 137.000 and Stop Loss of 135.500

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 135.100, with Take Profit of 134.350 and Stop Loss of 135.500