Technical analysis USDJPY for 14.03.2022

14.03.2022 10:22
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue 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 117.80. The closest resistance is the level 117.50

Key levels

  • 119.00, 118.50, 117.80, 117.50, 117.05, 116.55, 116.15, 115.75, 115.25, 114.80, 114.40

Trading scenario

  • Recommended opening long positions (Buy) at the current price, with Take Profit of 118.50 and Stop Loss of 117.50

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 117.50, with Take Profit of 116.55 and Stop Loss of 117.80
Guión
Recomendación
BUY

Punto de entrada

Take Profit
118.50

Stop Loss
117.50

Niveles clave
119.00, 118.50, 117.80, 117.50, 117.05, 116.55, 116.15, 115.75, 115.25, 114.80, 114.40
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
117.50

Take Profit
116.55

Stop Loss
117.80