Technical analysis EURJPY for 27.07.2022
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 descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 139.650. The closest support is the level 138.770

Key levels
- 141.250, 140.550, 139.650, 138.770, 137.950, 137.320
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 139.650, with Take Profit of 140.550 and Stop Loss of 139.200
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 138.770, with Take Profit of 137.950 and Stop Loss of 139.200