Technical analysis USDJPY for 22.12.2022
22.12.2022 01:04
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Blue is directed upwards, while red remains 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 133.350. The closest support is the level 131.720
Key levels
- 134.730, 134.020, 133.350, 131.720, 131.210, 130.590
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 133.350, with Take Profit of 134.020 and Stop Loss of 132.600
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 131.720, with Take Profit of 131.210 and Stop Loss of 132.600
Scenario
Recommendation
BUY STOP
Entry Point
133.350
Take Profit
134.020
Stop Loss
132.600
Key Levels
134.730, 134.020, 133.350, 131.720, 131.210, 130.590
Alternative scenario
Recommendation
SELL STOP
Entry Point
131.720
Take Profit
131.210
Stop Loss
132.600