Technical analysis EURNZD for 01.06.2022

01.06.2022 02:14
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 1.6375. The closest resistance is the level 1.6475

Key levels

  • 1.6795, 1.6650, 1.6560, 1.6475, 1.6375, 1.6275, 1.6180

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 1.6375 and Stop Loss of 1.6556

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.6556, with Take Profit of 1.6650 and Stop Loss of 1.6475
Guión
Recomendación
SELL

Punto de entrada

Take Profit
1.6375

Stop Loss
1.6556

Niveles clave
1.6795, 1.6650, 1.6560, 1.6475, 1.6375, 1.6275, 1.6180
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.6556

Take Profit
1.6650

Stop Loss
1.6475