Technical analysis USDJPY for 05.07.2022
05.07.2022 02:26
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud turned over from descending to ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 136.70. The closest resistance is the level 135.50
Key levels
- 136.70, 135.50, 134.75, 134.05, 133.40, 132.70, 131.75
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 136.70 and Stop Loss of 135.50
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 135.50, with Take Profit of 134.05 and Stop Loss of 136.00
Guión
Recomendación
BUY
Punto de entrada
Take Profit
136.70
Stop Loss
135.50
Niveles clave
136.70, 135.50, 134.75, 134.05, 133.40, 132.70, 131.75
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
135.50
Take Profit
134.05
Stop Loss
136.00