Technical analysis USDJPY for 23.12.2022

23.12.2022 01:05
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 traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 133.150. The closest support is the level 131.710

Key levels

  • 135.080, 134.020, 133.150, 131.710, 130.810, 130.010

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 133.150, with Take Profit of 134.020 and Stop Loss of 132.400

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 131.710, with Take Profit of 130.810 and Stop Loss of 132.400
Guión
Recomendación
BUY STOP

Punto de entrada
133.150

Take Profit
134.020

Stop Loss
132.400

Niveles clave
135.080, 134.020, 133.150, 131.710, 130.810, 130.010
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
131.710

Take Profit
130.810

Stop Loss
132.400