Technical analysis EURGBP for 12.07.2022

12.07.2022 08:54
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 0.84175. The closest resistance is the level 0.84475

Key levels

  • 0.85125, 0.84775, 0.84475, 0.84175, 0.83800

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 0.84475, with Take Profit of 0.84175 and Stop Loss of 0.84775

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.84775, with Take Profit of 0.85125 and Stop Loss of 0.84475
Guión
Recomendación
SELL LIMIT

Punto de entrada
0.84475

Take Profit
0.84175

Stop Loss
0.84775

Niveles clave
0.85125, 0.84775, 0.84475, 0.84175, 0.83800
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
0.84775

Take Profit
0.85125

Stop Loss
0.84475