Technical analysis USDJPY for 18.05.2022
18.05.2022 02:24
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 129.125. The closest resistance is the level 129.625
Key levels
- 131.250, 130.650, 130.225, 129.625, 129.125, 128.600, 127.950
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 129.625, with Take Profit of 130.225 and Stop Loss of 129.125
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 129.125, with Take Profit of 128.600 and Stop Loss of 129.625
Guión
Recomendación
BUY STOP
Punto de entrada
129.625
Take Profit
130.225
Stop Loss
129.125
Niveles clave
131.250, 130.650, 130.225, 129.625, 129.125, 128.600, 127.950
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
129.125
Take Profit
128.600
Stop Loss
129.625