Technical analysis USDJPY for 22.11.2021
22.11.2021 15:14
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom 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
- 114.950, 114.43, 114.1, 113.845, 113.58,113.25, 112.72
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 114.43 and Stop Loss of 114.43
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 114.06, with Take Profit of 113.845 and Stop Loss of 113.845
Scenario
Recommendation
BUY
Entry Point
114.10
Take Profit
114.43
Stop Loss
113.845
Key Levels
114.950, 114.43, 114.1, 113.845, 113.58,113.25, 112.72
Alternative scenario
Recommendation
SELL STOP
Entry Point
114.06
Take Profit
113.845
Stop Loss
114.1