Technical analysis EURGBP for 14.06.2022
14.06.2022 09:13
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 turned over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.8552. The closest resistance is the level 0.8587
Key levels
- 0.8620, 08587, 0.8520, 0.8528, 0.8508, 0.8483,0.8460, 0.8432
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.8587, with Take Profit of 0.8620 and Stop Loss of 0.8552
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.8552, with Take Profit of 0.8508 and Stop Loss of 0.8587
Scenario
Recommendation
BUY STOP
Entry Point
0.8587
Take Profit
0.8620
Stop Loss
0.8552
Key Levels
0.8620, 08587, 0.8520, 0.8528, 0.8508, 0.8483,0.8460, 0.8432
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.8552
Take Profit
0.8508
Stop Loss
0.8587