Technical analysis EURGBP for 11.11.2022

11.11.2022 07:42
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 0.87225. The closest resistance is the level 0.87500

Key levels

  • 0.87800, 0.87500, 0.87225, 0.86950, 0.86700

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 0.87225, with Take Profit of 0.87500 and Stop Loss of 0.86950

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.86950, with Take Profit of 0.86700 and Stop Loss of 0.87050
Guión
Recomendación
BUY LIMIT

Punto de entrada
0.87225

Take Profit
0.87500

Stop Loss
0.86950

Niveles clave
0.87800, 0.87500, 0.87225, 0.86950, 0.86700
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.86950

Take Profit
0.86700

Stop Loss
0.87050