Technical analysis EURJPY for 20.04.2022

20.04.2022 02:16
Intradía
Técnico

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 138.70. The closest resistance is the level 139.40

Key levels

  • 140.70, 139.40, 138.70, 137.50, 136.40, 135.40, 134.30, 132.35

Trading scenario

  • Recommended opening long positions (Buy) at the current price, with Take Profit of 140.70 and Stop Loss of 138.70

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 138.70, with Take Profit of 137.50 and Stop Loss of 139.40
Guión
Recomendación
BUY

Punto de entrada

Take Profit
140.70

Stop Loss
138.70

Niveles clave
140.70, 139.40, 138.70, 137.50, 136.40, 135.40, 134.30, 132.35
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
138.70

Take Profit
137.50

Stop Loss
139.40