Technical analysis CADJPY for 21.06.2022
21.06.2022 01:16
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. 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 103.850. The closest resistance is the level 104.525
Key levels
- 106.100, 105.300, 104.525, 103.850, 103.100, 102.000
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 104.525, with Take Profit of 105.300 and Stop Loss of 103.850
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 103.850, with Take Profit of 103.100 and Stop Loss of 104.525
Guión
Recomendación
BUY STOP
Punto de entrada
104.525
Take Profit
105.300
Stop Loss
103.850
Niveles clave
106.100, 105.300, 104.525, 103.850, 103.100, 102.000
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
103.850
Take Profit
103.100
Stop Loss
104.525