Technical analysis EURJPY for 15.06.2023

15.06.2023 00:45
Intraday
Technical

The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. 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 support is the level 151.325. The closest resistance is the level 151.750

Key levels

  • 152.225, 151.750, 151.325, 150.900, 150.500

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 151.750, with Take Profit of 152.225 and Stop Loss of 151.325

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 151.325, with Take Profit of 150.900 and Stop Loss of 151.750

Scenario
Recommendation
BUY STOP

Entry Point
151.750

Take Profit
152.225

Stop Loss
151.325

Key Levels
152.225, 151.750, 151.325, 150.900, 150.500
Alternative scenario
Recommendation
SELL STOP

Entry Point
151.325

Take Profit
150.900

Stop Loss
151.750