Technical analysis USDJPY for 08.07.2022
08.07.2022 02:15
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed 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 135.85. The closest resistance is the level 136.15
Key levels
- 137.00, 136.60, 136.15, 135.85, 135.15, 134.75
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 135.85, with Take Profit of 135.15 and Stop Loss of 136.15
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 136.15, with Take Profit of 136.60 and Stop Loss of 135.85
Guión
Recomendación
SELL STOP
Punto de entrada
135.85
Take Profit
135.15
Stop Loss
136.15
Niveles clave
137.00, 136.60, 136.15, 135.85, 135.15, 134.75
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
136.15
Take Profit
136.60
Stop Loss
135.85