Technical analysis USDJPY for 22.04.2022
22.04.2022 20:32
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 resistance is the level 129.310. The closest support is the level 128.640
Key levels
- 130.920, 130.010, 129.310, 128.640, 127.890, 126.990
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 129.310, with Take Profit of 130.010 and Stop Loss of 128.900
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 128.640, with Take Profit of 127.890 and Stop Loss of 128.900
Scenario
Recommendation
BUY STOP
Entry Point
129.310
Take Profit
130.010
Stop Loss
128.900
Key Levels
130.920, 130.010, 129.310, 128.640, 127.890, 126.990
Alternative scenario
Recommendation
SELL STOP
Entry Point
128.640
Take Profit
127.890
Stop Loss
128.900