Technical analysis EURUSD for 13.01.2022
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 turned over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.14525. The closest resistance is the level 1.15025
Key levels
- 1.15425, 1.15025, 1.14525, 1.14100, 1.13500, 1.12975, 1.12350, 1.11725
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 1.14525, with Take Profit of 1.15025 and Stop Loss of 1.14100
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.14100, with Take Profit of 1.13500 and Stop Loss of 1.14525