Technical analysis NZDJPY for 28.10.2022

28.10.2022 01:01
Intradía
Técnico

Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. 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 85.075. The closest resistance is the level 85.500

Key levels

  • 86.050, 85.500, 85.075, 84.700, 84.275

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 85.075, with Take Profit of 85.500 and Stop Loss of 84.700

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 84.700, with Take Profit of 84.275 and Stop Loss of 85.075
Guión
Recomendación
BUY LIMIT

Punto de entrada
85.075

Take Profit
85.500

Stop Loss
84.700

Niveles clave
86.050, 85.500, 85.075, 84.700, 84.275
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
84.700

Take Profit
84.275

Stop Loss
85.075