Technical analysis EURUSD for 23.05.2023

23.05.2023 01:08
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Blue is directed downward, while red remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.08910. The closest support is the level 1.07400

Key levels

1.10540, 1.09800, 1.08910, 1.07400, 1.07020, 1.06740

Trading scenario

Recommended opening long positions (Buy Stop) from the level of 1.08910, with Take Profit of 1.09800 and Stop Loss of 1.07775

Alternative scenario

Recommended opening short positions (Sell Stop) from the level of 1.07400, with Take Profit of 1.07020 and Stop Loss of 1.07775

Guión
Recomendación
BUY STOP

Punto de entrada
1.08910

Take Profit
1.09800

Stop Loss
1.07775

Niveles clave
1.10540, 1.09800, 1.08910, 1.07400, 1.07020, 1.06740
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.07400

Take Profit
1.07020

Stop Loss
1.07775