Technical analysis EURJPY for 31.01.2023

31.01.2023 00:39
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below 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 141.425. The closest resistance is the level 141.900

Key levels

  • 142.275, 141.900, 141.425, 141.075, 140.650

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 141.425, with Take Profit of 141.900 and Stop Loss of 141.075

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 141.075, with Take Profit of 140.650 and Stop Loss of 141.425
Guión
Recomendación
BUY LIMIT

Punto de entrada
141.425

Take Profit
141.900

Stop Loss
141.075

Niveles clave
142.275, 141.900, 141.425, 141.075, 140.650
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
141.075

Take Profit
140.650

Stop Loss
141.425