Technical analysis NZDJPY for 21.02.2023

21.02.2023 00:58
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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 83.750. The closest resistance is the level 84.050

Key levels

  • 84.700, 84.400, 84.050, 83.750, 83.400

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 84.050, with Take Profit of 84.400 and Stop Loss of 83.750

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 83.750, with Take Profit of 83.400 and Stop Loss of 84.050
Guión
Recomendación
BUY STOP

Punto de entrada
84.050

Take Profit
84.400

Stop Loss
83.750

Niveles clave
84.700, 84.400, 84.050, 83.750, 83.400
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
83.750

Take Profit
83.400

Stop Loss
84.050