Technical analysis EURJPY for 07.04.2022
07.04.2022 09:17
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses bottom upward the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 134.35. The closest resistance is the level 135.10
Key levels
- 137.50, 136.25, 135.10, 134.35, 133.60, 133.05, 131.90
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 135.10, with Take Profit of 136.25 and Stop Loss of 134.35
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 134.35, with Take Profit of 133.60 and Stop Loss of 135.10
Guión
Recomendación
BUY STOP
Punto de entrada
135.10
Take Profit
136.25
Stop Loss
134.35
Niveles clave
137.50, 136.25, 135.10, 134.35, 133.60, 133.05, 131.90
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
134.35
Take Profit
133.60
Stop Loss
135.10