Technical analysis EURJPY for 13.04.2022

13.04.2022 02:18
Intraday
Technical

The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument adjusted to the Kijun-sen line. The closest resistance is the level 136.250. The closest support is the level 135.100

Key levels

  • 138.050, 137.000, 136.250, 135.100, 134.350, 133.600

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 136.250, with Take Profit of 137.000 and Stop Loss of 135.500

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 135.100, with Take Profit of 134.350 and Stop Loss of 135.500
Scenario
Recommendation
BUY STOP

Entry Point
136.250

Take Profit
137.000

Stop Loss
135.500

Key Levels
138.050, 137.000, 136.250, 135.100, 134.350, 133.600
Alternative scenario
Recommendation
SELL STOP

Entry Point
135.100

Take Profit
134.350

Stop Loss
135.500