Technical analysis EURJPY for 15.09.2022

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 trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 143.800. The closest support is the level 142.420

Key levels

• 145.400, 144.530, 143.800, 142.420, 141.600, 140.710

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 143.800, with Take Profit of 144.530 and Stop Loss of 143.050

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 142.420, with Take Profit of 141.600 and Stop Loss of 143.050