Technical analysis EURUSD for 16.05.2023
16.05.2023 18:02
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Red is directed up, while blue is directed down. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.09260. The closest support is the level 1.07980
Key levels
- 1.10420, 1.09820, 1.09260, 1.07980, 1.07310, 1.06620
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.09260, with Take Profit of 1.09820 and Stop Loss of 1.08600
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.07980, with Take Profit of 1.07310 and Stop Loss of 1.08600
Guión
Recomendación
BUY STOP
Punto de entrada
1.09260
Take Profit
1.09820
Stop Loss
1.08600
Niveles clave
1.10420, 1.09820, 1.09260, 1.07980, 1.07310, 1.06620
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
1.07980
Take Profit
1.07310
Stop Loss
1.08600