Technical analysis EURUSD for 10.02.2022

10.02.2022 10:55
Intraday
Technical

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 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

  • 1.15525, 1.15025, 1.14550 , 1.13975, 1.13450, 1.13075, 1.12350, 1.11725

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.14550, with Take Profit of 1.15025 and Stop Loss of 1.14150

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.13975, with Take Profit of 1.13450 and Stop Loss of 1.14450
Scenario
Recommendation
BUY STOP

Entry Point
1.14550

Take Profit
1.15025

Stop Loss
1.14150

Key Levels
1.15525, 1.15025, 1.14550 , 1.13975, 1.13450, 1.13075, 1.12350, 1.11725
Alternative scenario
Recommendation
SELL STOP

Entry Point
1.13975

Take Profit
1.13450

Stop Loss
1.14450