Technical analysis EURJPY for 27.06.2022

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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 142.10. The closest resistance is the level 142.95

Key levels

• 144.25, 142.95, 142.10, 141.25, 140.55, 139.65

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 142.95, with Take Profit of 144.25 and Stop Loss of 142.10

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 142.10, with Take Profit of 140.55 and Stop Loss of 142.95