Technical analysis CHFJPY for 23.03.2023

23.03.2023 00:59
Intradía
Técnico

The Tenkan-sen line is located above 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 descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 142.850. The closest resistance is the level 143.450

Key levels

  • 144.600, 144.050, 143.450, 142.850, 142.150

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 143.450, with Take Profit of 144.050 and Stop Loss of 142.850

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 142.850, with Take Profit of 142.150 and Stop Loss of 143.450
Guión
Recomendación
BUY STOP

Punto de entrada
143.450

Take Profit
144.050

Stop Loss
142.850

Niveles clave
144.600, 144.050, 143.450, 142.850, 142.150
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
142.850

Take Profit
142.150

Stop Loss
143.450