Technical analysis EURUSD for 13.10.2022
13.10.2022 09:08
Intraday
Technical
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 corrected to the Tenkan-se line. The closest support is the level 0.9655. The closest resistance is the level 0.9720
Key levels
- 0.9990, 0.9890, 0.9825, 0.9765, 0.9720, 0.9655, 0.9550
Trading scenario
- Recommended opening short positions (Sell) at the current price, with Take Profit of 0.9655 and Stop Loss of 0.9765
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 0.9765, with Take Profit of 0.9825 and Stop Loss of 0.9720
Scenario
Recommendation
SELL
Entry Point
Take Profit
0.9655
Stop Loss
0.9765
Key Levels
0.9990, 0.9890, 0.9825, 0.9765, 0.9720, 0.9655, 0.9550
Alternative scenario
Recommendation
BUY STOP
Entry Point
0.9765
Take Profit
0.9825
Stop Loss
0.9720