Technical analysis EURJPY for 29.11.2022
29.11.2022 01:08
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 144.540. The closest support is the level 142.980
Key levels
- 146.490, 145.570, 144.540, 142.980, 141.820, 140.730
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 144.540, with Take Profit of 145.570 and Stop Loss of 143.680
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 142.980, with Take Profit of 141.820 and Stop Loss of 143.680
Scenario
Recommendation
BUY STOP
Entry Point
144.540
Take Profit
145.570
Stop Loss
143.680
Key Levels
146.490, 145.570, 144.540, 142.980, 141.820, 140.730
Alternative scenario
Recommendation
SELL STOP
Entry Point
142.980
Take Profit
141.820
Stop Loss
143.680