Technical analysis USDJPY for 09.12.2021
09.12.2021 15:28
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 113.350. The closest support is the level 112.750
Key levels
- 115.500, 114.850, 114.450, 113.750, 113.350, 112.750, 112.000, 111.400
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 113.750, with Take Profit of 114.450 and Stop Loss of 113.350
Alternative scenario
- Recommended opening short positions (Sell Limit) from the level of 113.350, with Take Profit of 112.750 and Stop Loss of 113.750
Scenario
Recommendation
BUY STOP
Entry Point
113.750
Take Profit
114.450
Stop Loss
113.350
Key Levels
115.500, 114.850, 114.450, 113.750, 113.350, 112.750, 112.000, 111.400
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
113.350
Take Profit
112.750
Stop Loss
113.750