Technical analysis USDJPY for 04.02.2022

04.02.2022 09:36
Intradía
Técnico

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 ascending. Instrument adjusted to the upper border of the cloud. The closest support is the level 114.85. The closest resistance is the level 115.15

Key levels

  • 117.00, 116.60, 116.15, 115.65, 115.15, 114.85, 114.65, 114.30, 114.00, 113.50

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 114.85, with Take Profit of 115.65 and Stop Loss of 114.60

Alternative scenario

  • Recommended opening short positions (Sell Limit) from the level of 115.65, with Take Profit of 115.15 and Stop Loss of 116.15
Guión
Recomendación
BUY LIMIT

Punto de entrada
114.85

Take Profit
115.65

Stop Loss
114.60

Niveles clave
117.00, 116.60, 116.15, 115.65, 115.15, 114.85, 114.65, 114.30, 114.00, 113.50
Escenario alternativo
Recomendación
SELL LIMIT

Punto de entrada
115.65

Take Profit
115.15

Stop Loss
116.15