Technical analysis EURJPY for 01.08.2022

01.08.2022 09:06
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. 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 resistance is the level 136.180. The closest support is the level 134.870

Key levels

  • 137.490, 136.880, 136.180, 134.870, 134.200, 133.500

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 136.180, with Take Profit of 136.880 and Stop Loss of 135.500

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 134.870, with Take Profit of 134.200 and Stop Loss of 135.500
Guión
Recomendación
BUY STOP

Punto de entrada
136.180

Take Profit
136.880

Stop Loss
135.500

Niveles clave
137.490, 136.880, 136.180, 134.870, 134.200, 133.500
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
134.870

Take Profit
134.200

Stop Loss
135.500