Technical analysis EURUSD for 06.03.2023

06.03.2023 17:09
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains 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 resistance is the level 1.07250. The closest support is the level 1.06320

Key levels

  • 1.07970, 1.07620, 1.07250, 1.06320, 1.05840, 1.05520

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.07250, with Take Profit of 1.07620 and Stop Loss of 1.06750

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.06320, with Take Profit of 1.05840 and Stop Loss of 1.06750
Guión
Recomendación
BUY STOP

Punto de entrada
1.07250

Take Profit
1.07620

Stop Loss
1.06750

Niveles clave
1.07970, 1.07620, 1.07250, 1.06320, 1.05840, 1.05520
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.06320

Take Profit
1.05840

Stop Loss
1.06750