Technical analysis EURGBP for 08.07.2022

08.07.2022 09:01
Intradía
Técnico

The Tenkan-sen line is located below 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 below the Tenkan-se and Kijun-sen lines. The closest support is the level 0.8420. The closest resistance is the level 0.8460

Key levels

  • 0.8590, 0.8510, 0.8460, 0.8420, 0.8380, 0.8330

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.8420, with Take Profit of 0.8380 and Stop Loss of 0.8460

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.8460, with Take Profit of 0.8510 and Stop Loss of 0.8420
Guión
Recomendación
SELL STOP

Punto de entrada
0.8420

Take Profit
0.8380

Stop Loss
0.8460

Niveles clave
0.8590, 0.8510, 0.8460, 0.8420, 0.8380, 0.8330
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
0.8460

Take Profit
0.8510

Stop Loss
0.8420