Technical analysis USDJPY for 29.08.2022

29.08.2022 02:06
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 137.60. The closest resistance is the level 138.10

Key levels

  • 138.85, 138.10, 137.60, 137.22, 136.82, 136.33, 135.56

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 138.10, with Take Profit of 138.85 and Stop Loss of 137.60

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 137.60, with Take Profit of 136.82 and Stop Loss of 138.10
Guión
Recomendación
BUY STOP

Punto de entrada
138.10

Take Profit
138.85

Stop Loss
137.60

Niveles clave
138.85, 138.10, 137.60, 137.22, 136.82, 136.33, 135.56
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
137.60

Take Profit
136.82

Stop Loss
138.10