Technical analysis EURGBP for 24.05.2022

24.05.2022 09:01
Intradía
Técnico

Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span is above 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 0.8449. The closest resistance is the level 0.8486

Key levels

  • 0.8615, 0.8565, 0.8528, 0.8486, 0.8449, 0.8407, 0.8370

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 0.8407 and Stop Loss of 0.8528

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.8528, with Take Profit of 0.8615 and Stop Loss of 0.8486
Guión
Recomendación
SELL

Punto de entrada

Take Profit
0.8407

Stop Loss
0.8528

Niveles clave
0.8615, 0.8565, 0.8528, 0.8486, 0.8449, 0.8407, 0.8370
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
0.8528

Take Profit
0.8615

Stop Loss
0.8486