Technical analysis EURJPY for 24.03.2022
24.03.2022 16:19
Intraday
Technical
The Tenkan-sen line is located above 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 trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 133.30. The closest resistance is the level 133.90
Key levels
- 135.40, 134.95, 134.50, 133.90, 133.30, 132.40, 131.90, 131.30
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 133.90, with Take Profit of 134.50 and Stop Loss of 133.30
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 133.30, with Take Profit of 132.40 and Stop Loss of 133.90
Scenario
Recommendation
BUY STOP
Entry Point
133.90
Take Profit
134.50
Stop Loss
133.30
Key Levels
135.40, 134.95, 134.50, 133.90, 133.30, 132.40, 131.90, 131.30
Alternative scenario
Recommendation
SELL STOP
Entry Point
133.30
Take Profit
132.40
Stop Loss
133.90